Conference Call with Indian Energy Exchange Ltd. Management and UBS Analysts on the Company's Business Performance and Outlook. Watch the full video.
Conference Call with Indian Energy Exchange Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript.
Indian Energy Exchange declares Q4FY22 result: IEX culminates FY22 with 102 BU volume across all market segments; achieving 37% YoY growth The exchange achieved 50% YoY consolidated PAT growth In FY22 The Board of Directors have announced final dividend of Rs.1/- equivalent to 100% of face value of the equity share. The revenue for the fourth quarter for the fiscal year 2022 increased by 28% from Rs. 100.3 Cr. in Q4FY'21 to Rs. 128.4 Cr. The Profit after Tax (PAT) increased from Rs 60.8 Cr to Rs 88.4 Cr., seeing 45% YoY growth. Total traded volume across all market segments during the quarter at 27 BU saw about 21% YoY growth. The Exchange achieved splendid business performance in fiscal year 2022 accomplishing 102 BU volume across all market segments and seeing about 37% YoY growth. The electricity market comprising DAM, RTM, TAM, GDAM and GTAM segments contributed 95.6 BU volume, and achieved 29% YoY growth while the Certificate segment constituting REC and ESCerts contributed 6.4 BU and achieved 813% YoY growth. The volume growth was largely driven by increasing demand for electricity, flexible and efficient procurement at the competitive prices offered by the Exchange, besides significant traction by the new market segments. The Profit after Tax (PAT) for the FY-22 increased from Rs 205.4 Cr to Rs 308.6 Cr., with growth of more than 50% YoY. Result PDF