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IEX Q1 Profit Surges 25% on Robust Power Demand and Renewable Trading Momentum – EQ

In Short : IEX reported a 25.2% year-on-year jump in Q1 consolidated profit to ₹120.7 crore, driven by a 14.9% rise in traded power volumes to 32.4 BU. Revenue increased 19.2% to ₹184.2 crore. REC trading surged 149% to 52.7 lakh certificates. Enhanced market liquidity softened prices, while DAM, RTM and green segments continued to […]

NIIF Weighs Stake Sale in IntelliSmart as Smart Metering Market Expands – EQ