For the third quarter of the fiscal year 2022, IEX has recorded 27,677 MU volume and achieved 37% YoY growth across all its market segments.

The Day-ahead Market volume at 5423 MU saw a 15% month on month increase and 3% year on year decline. For the third quarter of the fiscal year 2022, the day-ahead market traded 16,710 MU and registered a 5% year on year growth.

The Term-ahead Market comprising intra-day, contingency, daily & weekly contracts traded 350 MU during the month. Cumulatively, for the third quarter, the term-ahead market traded a total of 878 MU and registered a 2% YoY decline.

The Real-time Electricity Market achieved 1512 MU volume and saw a significant 34% YoY growth. IEX said the consistent growth in volumes in this market segment has been indicative of the significance of this segment for both distribution utilities and industries in balancing real-time power demand-supply requirements.

The company's green market during December 2021 witnessed volume of 365 MU traded and cleared in both segments. For the third quarter, the market achieved 1,194 MU volume registering a growth of 158% YoY.

In Renewable Energy Certificates segment, IEX said that a total of 13.85 lacs Renewable Energy Certificates were cleared in the trading session held on the Exchange on 29 December 2021. The volume comprised of 11.3 lacs Non-Solar RECs and 2.55 lacs Solar REC.

IEX is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity, Renewable Energy Certificates (RECs) and ESCerts (Energy Saving Certificates).

The company's consolidated net profit jumped 75.34% to Rs 77.73 crore on 55.64% increase in net sales to Rs 110.38 crore in Q2 FY22 over Q2 FY21.

Shares of IEX were trading 0.34% lower at Rs 260.75 on BSE.