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FINWIRES

Indian Energy Exchange's Consolidated Profit Rises in Fiscal Q4

-- Indian Energy Exchange's (NSE:IEX, BOM:540750) consolidated attributable profit rose to 1.30 billion Indian rupees in the fiscal fourth quarter ended March 31, from 1.17 billion rupees a year ago.

Earnings per share came in at 1.45 rupees from 1.32 rupees a year earlier, according to a Thursday filing to the Indian stock exchanges.

Revenue from operations in fiscal Q4 increased to 1.74 billion rupees from 1.42 billion rupees a year ago.

The company's board recommended a final dividend of 2 rupees per equity, having a face value of 1 rupee each. It has fixed May 15 as the record date to determine the eligible shareholders for the dividend.

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