Indian Energy Exchange Ltd — Q2 FY24
IEX reported consolidated revenue of INR 133 crore (up 16.9% YoY) and PAT of INR 86.5 crore (up 21.5% YoY) for Q2 FY24, driven by a 15% increase in total traded volumes to 26.5 BU.
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY24
FY24 volume growth target of ~15%
Management expects total electricity volume to grow around 15% in FY24, supported by July volumes already up 22%.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
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