Indian Energy Exchange’s Revenues Up by 20% YoY in FY 2021
The profits increased by 34% in Q4 FY 2021 compared to the same period last year
May 18, 2021
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The Indian Energy Exchange’s (IEX) revenue in financial year (FY) 2021 was up by nearly 20% and stood at ₹3.56 billion (~$48.48 million) compared to ₹2.97 billion (~$40.45 million) in the previous year. According to the company’s financial statement, the increase in revenues can be attributed to the 41% increase in transaction revenue.
Rakesh Ranjan
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