IEX outlook: The implementation of market coupling and its resultant impact on market share and high power price-driven shift in power volumes away from spot market to longer duration instruments will be keenly watched
IEX s revenue from operations for the first quarter came in at Rs 104.03 crore, up 6% from Rs 98.35 crore in the previous year s quarter. Consolidated EBITDA stood at Rs 82 crore in the June quarter, however, the operating margin came in lower at 78.6%, compared to 82.1% in the year-ago period
Laurus Labs Q1 consolidated net profit fell 90% YoY to INR25 crore due to lower sales and elevated expenses. The API business reported a 2% growth in revenues to INR597 crore, however, sequentially it experienced a 16% decline. Indian Energy Exchange recorded a 10% YoY rise in consolidated