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Big surge in traded natural gas volumes - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Indian Gas Exchange registers record volumes in July naturalgasworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasworld.com Daily Mail and Mail on Sunday newspapers.
Indian Energy Exchange (IEX) recorded a 49.3% rise in consolidated net profit to Rs 62.82 crore on a 34.1% rise in net sales to Rs 91.03 crore in Q1 FY22 over Q1 FY21.On a sequential basis, net profit increased by 2.11% while net sales declined nearly 3% to Rs 91.03 crore in Q1 FY22 over Q4 FY21. The company s profit before tax rose by 2.53% quarter on quarter and 45.3% year on year to Rs 81.89 crore in Q1 FY22. Consolidated EBITDA increased 3.25% quarter on quarter and 41.3% year on year to Rs 86.7 crore in Q1 FY22. On the operational front, electricity volume increased by 42.9% to 21,266 million units (MU) in Q1 FY22 as against 14,878 MU recorded in the same period last year. IEX said the growth in electricity volume was largely driven by competitive power prices on the exchange, growing electricity consumption, and vibrant performance of new market segments. ....
Energy News Monitor | Volume XVII; Issue 51 orfonline.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orfonline.org Daily Mail and Mail on Sunday newspapers.