IEX reported record revenues this quarter on the back of increased transacted volumes on its platform. IEX revenues grew c.43% yoy to 85.23 crores as compared to 59.68 crores in Q3FY20. account of operating leverage coming into play. The company's EBIDTA margin expanded by 288 bps YoY and 345 bps QoQ to 81.6% on consolidated basis. Power demand in India has also picked up since the gradual unlocking, sustained by revival of industrial activities. IEX managed to grow at a much higher pace in FY21 despite the Covid-19 disruption. The main reason for the increase in volumes was that the power traded through IEX platforms offered customers lowest possible...