Archive · 23 Jul 2026
IEX Q1 Results: Profit Rises 12% YoY
Indian Energy Exchange (IEX) reported its results for the first quarter of the fiscal year 2027.
The company's profit after tax grew by 12.1% compared to the same period last year, reaching ₹126.7 crore.
The company's electricity trading volume also increased by 15.9% to 37.5 billion units.
This growth was driven by a hotter-than-normal summer in India, which led to a surge in power demand.
The average price of electricity in the Day Ahead Market rose by 15.7% to ₹5.1 per unit.
Additionally, IEX's gas exchange business, IGX, saw an 11.9% increase in trading volume and a 15.5% increase in profit.
IEX has also filed for an IPO for IGX, aiming to reduce its stake in the company to comply with regulations.
IEX's Q1 profit after tax grew 12.1% YoY to ₹126.7 crore.
Electricity trading volume rose 15.9% YoY to 37.5 billion units.
Consolidated revenue increased 10.1% YoY to ₹202.8 crore.
India's peak power demand surged to an all-time high of 270.8 GW in May 2026.
IGX traded 27.5 million MMBtu, with a 15.5% YoY increase in profit.
- Who
- Indian Energy Exchange (IEX)
- What
- Announced Q1 results with 12% YoY profit growth
- When
- 23 July 2026
- Where
- India
- Why
- Due to increased electricity demand and higher trading volumes
Positive Outlook
Challenges Ahead
Market Performance
Positive Outlook
Strong growth in electricity trading volumes and revenue.
Challenges Ahead
High dependence on coal and market volatility.
Regulatory Compliance
Positive Outlook
Successful filing of DRHP for IGX IPO.
Challenges Ahead
Need to reduce stake in IGX to comply with regulations.
- Net Profit Growth
- 12.1% YoY
- Electricity Trading Volume
- 37.5 billion units (BUs)
- Consolidated Revenue
- ₹202.8 crore
- Peak Power Demand
- 270.8 GW in May 2026
- Coal Production
- 233 million tonnes (MT)
- Average DAM Price
- ₹5.1 per unit
- IGX Trading Volume
- 27.5 million MMBtu
- IGX PAT Growth
- 15.5% YoY