Indian Energy Exchange Announced its Q3 FY24 results on January 25, 2024. Topline increased by 14.98% and profit increased by 18.9%. Revenue increased 6.24% and profit increased 6.18% compared to the previous quarter.
Selling, general and administrative expenses declined 1.94% quarter-on-quarter and increased 5.53% year-on-year.
Operating income grew 7.72% quarter-on-quarter and 19.45% year-on-year.
EPS is 1.03 for Q3FY24 which grew by 19.77% YoY.
Indian Energy Exchange has given -1.09% return in last 1 week, 13.13% return in last 6 months and -19.23% YTD return.
Currently the market cap of Indian Energy Exchange is 12066.82 crore and 52wk high/low 173.35 and 116 respectively.
Of the 9 analysts covering the company as of January 27, 2024, 4 analysts have given a Strong Sell rating, 1 analyst has a Sell rating, 1 analyst has a Hold rating, 2 analysts have a Buy rating and 1 analyst has a Buy rating. Strong buy rating is given.
The consensus recommendation on January 27, 2024 was to sell.
Indian Energy Exchange Financial
| Duration | Q3FY24 | Q2FY24 | QoQ growth | Q3FY23 | year on year increase |
|---|---|---|---|---|---|
| total revenue | 115.3 | 108.53 | +6.24% | 100.28 | +14.98% |
| Selling/General/Administrative Expenses Total | 9.33 | 9.51 | -1.94% | 8.84 | +5.53% |
| Depreciation & Amortization | 5.19 | 5.07 | +2.34% | 4.92 | +5.3% |
| total operating expenses | 21.7 | 21.64 | +0.27% | 21.92 | -0.97% |
| operating income | 93.6 | 86.89 | +7.72% | 78.36 | +19.45% |
| net income before taxes | 122.28 | 114.34 | +6.95% | 100.8 | +21.31% |
| Net income | 91.81 | 86.46 | +6.18% | 77.22 | +18.9% |
| diluted normalized EPS | 1.03 | 0.97 | +6.19% | 0.86 | +19.77% |
questions to ask
Q: What is the company’s Q3FY24 profit/loss?
Answer: ₹91.81 crore
Q: What is the Q3 FY24 revenue?
Answer: ₹115.3 crore
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Published: Jan 27, 2024, 03:01 am IST
