Indian Energy Exchange Ltd (IEX) has reported a consolidated net profit of Rs 1.21 billion for the June quarter of FY26, supported by revenue from operations of Rs 1.42 billion. The results reflect robust trading volumes and operational efficiency across its electricity and certificate markets.
Key Highlights
- Total income rose 15% year-on-year, driven by higher transaction volumes and improved price discovery mechanisms.
- Net profit increased from Rs 1.17 billion in the previous quarter, aided by lower operating expenses and strong other income.
- Employee costs and depreciation remained stable, while other expenses saw a marginal uptick due to platform upgrades.
Strategic Outlook
- IEX continues to benefit from rising demand for short-term power and renewable energy certificates.
- The company is investing in AI-powered analytics and expanding its gas exchange platform to diversify offerings.
- Management reaffirmed its focus on regulatory alignment and digital innovation to sustain growth.
Sources: Moneycontrol, Economic Times, Capital Market, India Infoline.