IEX posts Q4 standalone revenue of Rs 102 crore on rising transactions

Indian Energy Exchange (IEX) said on Friday its standalone revenue for the January to March quarter grew by 28 per cent to Rs 102 crore from Rs 79 crore in Q4 FY20 due to 41 per cent increase in transaction revenue.

For the fiscal year 2021, the growth was over 20 per cent with revenue totalling Rs 357 crore.

Q4 FY21 saw the highest ever quarterly electricity volume at 22.4 billion units and also the highest ever growth of 62.1 per cent.

The fiscal 2021 saw the highest ever yearly volume of 73.9 billion units traded at the exchange since 2008, resulting in 37 per cent year-on-year growth.