Indian Energy Exchange Ltd

Indian Energy Exchange Limited (IEX) has announced its Annual Report for FY2025-26 and the notice for its 20th Annual General Meeting (AGM). The AGM will be held on Wednesday, September 9, 2026, at 11:00 AM IST, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The company is facilitating remote e-voting from September 5 to September 8, 2026. The Annual Report and AGM Notice are being sent to shareholders electronically, with a web-link provided to those whose email addresses are not registered. The report covers various aspects including statutory reports, management discussion, corporate governance, and financial statements.

Indian Energy Exchange Limited has submitted its Annual Report for the Financial Year ended March 31, 2026, along with the notice for its 20th Annual General Meeting (AGM). The AGM will be held on September 9, 2026, via Video Conferencing. Remote e-voting will commence on September 5, 2026, and end on September 8, 2026. The report details the company's performance, corporate governance, and future outlook, emphasizing innovation and diversification in the energy sector. The full report is available on the company's website.

Indian Energy Exchange Ltd announced its 20th Annual General Meeting (AGM) will be held on September 9, 2026, at 11:00 AM IST via Video Conferencing/Other Audio-Visual Means. The company also submitted its Annual Report for the financial year ended March 31, 2026, along with the AGM notice. Members will receive these documents electronically. Remote e-voting will commence on September 5, 2026, and conclude on September 8, 2026. The cut-off date for remote e-voting is September 2, 2026. Shareholders have the facility to cast their votes electronically for all resolutions.

Indian Energy Exchange Ltd has announced the appointment of Mr. Alok Kumar Jha as the Head of Business Development, a Senior Vice President role, effective August 13, 2026. Mr. Jha brings over 29 years of extensive experience in the energy, renewable energy, power, and transportation sectors, having held leadership positions at companies like INOX Wind, GE Power, Alstom Transport, and Bombardier Transport India. His expertise spans business strategy, project development, sales, operations, and large-scale infrastructure projects, with a proven track record in renewable energy businesses and landmark initiatives in railways, power, and nuclear energy. Mr. Jha holds an MBA from the University of Delhi, a Chemical Engineering degree from B.I.T. Sindri, and has completed an Executive Leadership Program from INSEAD.

Indian Energy Exchange (IEX) reported a 7.7% year-on-year increase in monthly electricity traded volume for July 2026, reaching 13,527 Million Units (MUs). The Real-Time Market (RTM) saw a 10.2% YoY increase to 5,631 MUs. However, Renewable Energy Certificates (RECs) traded volume declined by 56.3% YoY to 7.11 lakh. Day-Ahead Market (DAM) volume decreased by 7.7% YoY to 5,087 MUs, while the Day Ahead Contingency and Term-Ahead Market (TAM) surged by 93.4% YoY to 1,774 MUs. The Green Market segment grew by 0.9% YoY to 1,035 MUs. Average market clearing prices increased in both DAM and RTM.

Indian Energy Exchange Ltd announced that its Board of Directors has approved the unaudited financial results for the quarter ended June 30, 2026. The approval covers both standalone and consolidated financial statements, along with the limited review report. The board meeting took place on Thursday, July 23, 2026. The results will be available on the company's website.

Indian Energy Exchange Ltd (IEX) announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a 15.9% year-on-year growth in electricity volumes to 37.5 Billion Units (BUs). Standalone Profit After Tax (PAT) increased by 12.1% to ₹126.7 Crore, while consolidated PAT rose by 11.7% to ₹134.8 Crore. Revenue grew by 10.1% to ₹202.8 Crore. The results were driven by increased power demand due to hotter-than-normal summer conditions. The Indian Gas Exchange (IGX), in which IEX holds a 47.3% stake, traded 27.5 Million MMBtu of gas volumes, a 11.9% growth, and reported a PAT of ₹16.3 Crore. IEX also announced its plan to divest 22.3% of its stake in IGX as part of IGX's IPO process.

Indian Energy Exchange delivered a clean, volume-led June quarter. Consolidated net profit rose 11.7% YoY to ₹134.8 Cr (from ₹120.7 Cr), on revenue from operations of ₹157.9 Cr, up 11.4%, with EPS at ₹1.52 versus ₹1.36. Standalone tells the same story — PAT ₹126.7 Cr (+12.1%) on ₹155.9 Cr revenue — so there is no consolidated-vs-standalone divergence to reconcile. Sequentially the print looks softer, with revenue down 9.4% from the seasonally stronger March quarter (₹174.3 Cr), but for a power exchange the YoY comparison is the relevant read, and both lines grew double digits. Growth was driven by record electricity throughput: traded volume climbed 15.9% YoY to 37.5 BU with RTM up 23.5%, as a severe heatwave and weak monsoon pushed national power demand and day-ahead prices higher. That 15.9% volume growth sits inside management's 15–20% FY27 guidance from the April concall, so operational delivery is on-track. One tension: revenue grew slower than volume (11.4% vs 15.9%), pointing to softer per-unit realization/mix. Margins nonetheless held and expanded modestly YoY — net margin edged to 66.4% of total income (from 65.5%) and EBITDA margin to ~82% (from 81.3%) — though both sit below the March quarter's peak. Associate IGX contributed ₹7.7 Cr to consolidated profit, up 15.5% YoY and well above Q4's ₹4.4 Cr. The quarter also set up structural change: IEX incorporated wholly-owned Indian Coal Exchange (consolidated w.e.f. 1 June 2026) and associate IGX filed its DRHP with IEX set to sell 16.71 Mn shares — the coal/gas/REC diversification management flagged. No reliable pre-result brokerage PAT consensus was available for this quarter, so a firm beat/miss call against the street isn't warranted; against management's own guidance the volume delivery is in line. There are no exceptional items, so the double-digit growth is fully underlying. The overhang management itself rated high-risk — regulatory implementation of market coupling — did not touch this quarter's numbers and remains the key thing to watch.

Indian Energy Exchange Ltd has announced that its Board of Directors will convene on July 23, 2026. The primary agenda item for this meeting is to consider and approve the Unaudited Financial Results, both standalone and consolidated, for the quarter ending June 30, 2026. In accordance with SEBI regulations, the company has also informed that the trading window for its shares is currently closed and will reopen 48 hours after the financial results are declared. The company will make this information available on its website, www.iexindia.com.

Indian Energy Exchange Limited (IEX) announced that its associate company, Indian Gas Exchange Limited (IGX), has filed a draft red herring prospectus (DRHP) with SEBI and BSE on July 14, 2026. This filing is in connection with IGX's proposed initial public offer (IPO). The offer includes an offer for sale of up to 16,710,000 equity shares by IEX. The IPO remains subject to regulatory approvals, market conditions, and other considerations. This move signifies a significant step towards IGX's public listing and potential unlocking of value for IEX.