Indian Energy Exchange Limited: Q1 FY2024 Financial Results Announcement

Indian Energy Exchange Limited: Outcome of Board Meeting Held on July 24, 2024

Mumbai, Maharashtra - July 24, 2024: Indian Energy Exchange Limited (NSE Symbol: IEX, BSE Scrip Code: 540750) is pleased to announce that the Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2024. The Board meeting commenced at 2:00 PM and concluded at 4:00 PM on the same day.

Key Highlights:

• Financial Results: The Board of Directors considered and duly approved the unaudited financial results for Q1 FY2024.
• Review Report: The financial results were reviewed by B S R & Associates LLP, Chartered Accountants, as per the standard review engagement procedures.
• Availability: The financial results are available on the stock exchanges' websites and the company's website www.iexindia.com.

Standalone Financial Results for Q1 FY2024:

• Revenue from Operations: ₹12,356.20 lakhs
• Other Income: ₹3,078.39 lakhs
• Total Income: ₹15,434.59 lakhs
• Total Expenses: ₹2,943.45 lakhs
• Profit Before Tax: ₹12,491.14 lakhs
• Profit for the Period: ₹9,342.32 lakhs
• Total Comprehensive Income: ₹9,308.33 lakhs
• Earnings Per Share: ₹1.05 (Basic and Diluted)

Consolidated Financial Results for Q1 FY2024:

• Revenue from Operations: ₹12,356.20 lakhs
• Other Income: ₹3,090.81 lakhs
• Total Income: ₹15,447.01 lakhs
• Total Expenses: ₹3,012.86 lakhs
• Profit Before Tax: ₹12,791.97 lakhs
• Profit for the Period: ₹9,644.02 lakhs
• Total Comprehensive Income: ₹9,610.03 lakhs
• Earnings Per Share: ₹1.08 (Basic and Diluted)

Official Statement:

The meeting of the Board of Directors resulted in the approval of significant financial results that reflect the company’s operational and financial performance for the quarter ended June 30, 2024. The unaudited financial results along with the Limited Review Report will be uploaded on the stock exchanges' websites and will also be available on the company's website for public access.

Compliance and Regulatory Details:

This announcement is made in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company ensures transparency and timely dissemination of financial information to its stakeholders.