Indian Power Alternate Ltd.’s web revenue rose 21% to Rs 117.1 crore within the fourth quarter of fiscal 2025, based on its audited consolidated monetary outcomes.
As compared, the buying and selling platform supplier’s revenue stood at Rs 96.7 crore in the same interval of FY24, based on the corporate’s change submitting on Thursday.
In the meantime, for the complete fiscal, the corporate’s consolidated web revenue rose to Rs 429.2 crore in opposition to the previous monetary 12 months throughout which its revenue stood at Rs 350.8 crore.
The corporate’s complete revenue for the quarter beneath overview stood at Rs 174.6 crore versus Rs 149.3 crore that it had earned in the same interval within the earlier fiscal.
For the complete fiscal, complete revenue rose to Rs 657.4 crore from Rs 550.8 crore in 2023-24.
The board of administrators has really helpful a ultimate dividend of Rs 1.5 in opposition to every fairness share with a face worth of Re 1 every for the monetary 12 months ended March 2025.
It has mounted Could 16, 2025 because the “document date” to determine the eligibility of shareholders for cost of ultimate dividend, the submitting added.
The ultimate dividend, if authorized by the shareholders on the ensuing annual basic assembly, will probably be paid inside 30 days from the date of their approval.
The corporate’s press launch highlighted that it logged the very best ever quarterly traded electrical energy quantity of 31.7 billion items in This fall FY25, 18.1% larger year-on-year.
The renewable vitality certificates on the platform in Q4FY25 witnessed a 108% rise to 68 lakh. It was additionally the highest-ever RECs traded in 1 / 4. The corporate’s standalone web revenue in This fall FY25 rose 17.8% to Rs 112 crore from Rs 95.1 crore in Q4FY24.
Equally, in FY25, IEX logged the highest-ever traded electrical energy quantity of 121 BUs, up 18.7% YoY. It traded 178 lakh RECs throughout FY25, registering a rise of 136.3%. It was the very best ever RECs traded in a monetary 12 months.
For FY25, standalone PAT elevated 21.4% to Rs 414.6 crore from Rs 341.4 crore in FY24.
Shares of Indian Power Alternate closed 0.26% decrease at Rs 190.75 apiece on the BSE, in comparison with a 0.39% decline within the benchmark Sensex. The corporate had filed its monetary outcomes after the inventory markets had closed for Thursday.
(With PTI inputs)
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