Indian Energy Exchange (IEX) reported robust financial performance for FY’26, marked by a record-breaking electricity trading volume of 141 BUs. The company achieved a consolidated profit after tax (PAT) of INR 492.9 crore, representing a 15% YoY growth. Reflecting this strong financial health, the Board of Directors has recommended a final dividend of INR 2 per share, equivalent to 200% of the equity share face value.
Record Financial Performance
For the financial year ending March 31, 2026, IEX demonstrated significant growth across its core business segments. Consolidated revenue rose to INR 747.0 crore, a 13.6% increase from FY’25. On a quarterly basis, the Q4FY’26 performance was equally strong, with consolidated revenue reaching INR 196.4 crore and PAT hitting INR 129.8 crore, reflecting 12.5% and 10.8% YoY growth, respectively.
Operational Milestones
IEX achieved its highest-ever annual traded electricity volume of 141.1 BUs in FY’26, a 17% increase compared to the previous year. Additionally, the company recorded its highest-ever Renewable Energy Certificate (REC) trading volume at 187.20 lakh units. These volumes were supported by a power sector environment characterized by ample fuel supply and a significant 13.7% decline in the Day-Ahead Market (DAM) clearing price to INR 3.86/unit.
Subsidiary Highlights
The company’s growth strategy extended to its subsidiaries. IGX reported its highest-ever gas trading volume of 76.8 million MMBtu in FY’26, achieving a 28% YoY growth and a PAT of INR 41.9 crore. Meanwhile, ICX showed rapid expansion in the renewable market, issuing 179 lakh I-RECs—a growth of over 200% compared to the previous year—and generating INR 7.7 crore in revenue.
Source: BSE
