Indian Energy Exchange Ltd Q1 FY26 Results

Summary

Indian Energy Exchange Ltd (IEX) has announced its unaudited financial results for the quarter ending June 30, 2025. The company reported a 15% YoY growth in electricity volumes, trading 52.7 lakh Renewable Energy Certificates (RECs) in Q1 FY’26, a 149% YoY increase. The consolidated revenue for Q1 FY’26 stands at Rs. 184.2 crore, marking a 19% YoY increase, and the consolidated profit after tax for the same period is Rs. 120.7 crore, a 25% YoY increase.

Key Highlights

1. 1

   Electricity volumes in Q1FY’26 at 32.4 BUs, increased 14.9% YoY

2. 2

   52.7 lakh RECs traded during Q1FY’26, increased 149.3% YoY

3. 3

   Consolidated Revenue in Q1FY’26 at Rs 184.2 Cr, increased 19.2% from Rs 154.5 Cr in Q1 FY’25

4. 4

   Standalone Profit After Tax in Q1FY’26 at Rs 113 Cr, increased 21% from Rs 93.4 Cr in Q1 FY’25

5. 5

   Consolidated Profit After Tax in Q1FY’26 at Rs 120.7 Cr, increased 25.2% from Rs 96.4 Cr in Q1 FY’25

6. 6

   India’s peak summer power demand in 2025 reached 242 GW on June 12

7. 7

   Supply liquidity in the DAM segment increased 45.2% on YoY basis in Q1 FY’26

8. 8

   Price in the Day Ahead market averaged Rs 4.41/unit, a decline of nearly 16% YoY in Q1 FY’26

9. 9

   Price in the Real-Time Market averaged Rs 3.91/unit during Q1 FY’26, a decline of 20% compared to Q1 FY’25

10. 10

    Indian Gas Exchange (IGX) traded record gas volumes of 24.6 million MMBtu in Q1 FY’26, a growth of 109% over Q1 FY’25

11. 11

    IGX recorded a profit after tax of Rs.14.1 Cr, which was higher by nearly 86.7% compared with Rs.7.6 Cr in Q1 FY’25