Indian Energy Exchange reports 9% decline in Q2 profit at Rs 44 cr
The Indian Energy Exchange (IEX) on Tuesday reported 9 per cent decline in consolidated net profit at Rs 44.33 crore for September quarter 2020-21.
It logged a profit of Rs 48.82 crore in the year-ago period, IEX said in a BSE filing.
Total income in the quarter under review was Rs 78.71 crore compared to Rs 78.72 crore in the same period last year.
About the impact of COVID-19, it said the present situation did not materially impact the financial results.
However, it said the actual impact of COVID-19 on the results may differ from that estimated due to unforeseen circumstances and the Group will continue to closely monitor any material changes to future economic conditions.
