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IEX net rises over 11 pc to Rs 69 cr in June quarter

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NewsDrum Desk
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New Delhi: Indian Energy Exchange (IEX) on Monday posted over 11 per cent rise in its consolidated net profit to Rs 69.12 crore in the June quarter compared to the year-ago period on the back of higher revenues.

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The consolidated net profit of the company was Rs 62.10 crore in the quarter ended on June 30, 2021, a BSE filing said.

Total income of the company increased to Rs 113.39 crore in the quarter from Rs 102.87 crore in the same period a year ago.

The board of directors of the company has recommended a final dividend of Re 1 per equity share having face value of Re 1 each for the financial year ended March 31, 2022, the filing said.

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The company has fixed August 12, 2022 as the Record Date for the purpose of determining the entitlement of the shareholders for the final dividend for 2021-22. 

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