IEX NSE filing

IEX Reports Robust Q2 FY'26 Results: PAT up 14.6% Standalone, Electricity Volume Grows 16.1%

The RealCase readHigh impact Positive

IEX reported strong Q2 FY'26 results with standalone PAT up 14.6% to ₹121.61 crore and electricity volumes growing 16.1%. Consolidated PAT increased 13.9% to ₹123.35 crore.

Why it matters

Financial results are a primary indicator of a company's performance and directly influence investor perception and stock valuation. Positive growth in key metrics like PAT and electricity volumes is highly impactful.

The market read

The company reported significant year-on-year growth in both standalone and consolidated Profit After Tax, as well as a healthy increase in electricity volumes, indicating strong operational performance.

Indian Energy Exchange (IEX) announced its unaudited financial results for the quarter ending September 30, 2025: * Electricity volumes in Q2 FY'26 reached 35.2 BU, marking a 16.1% year-on-year (YoY) increase. * Standalone Profit After Tax (PAT) for Q2 FY'26 stood at ₹121.61 crore, up 14.6% YoY from ₹106.1 crore in Q2 FY'25. * Consolidated PAT for Q2 FY'26 was ₹123.35 crore, an increase of 13.9% YoY from ₹108.32 crore in Q2 FY'25. * Consolidated Revenue in Q2 FY'26 increased by 9.2% to ₹183.27 crore from ₹167.77 crore in Q2 FY'25. * Certificates volumes in Q2 FY'26 were 44 lakh, a decrease of 29.9% YoY. * The Indian Gas Exchange (IGX) traded gas volumes of 161 lakh MMBtu in Q2 FY'26, showing a 36.6% growth over Q2 FY'25. IGX reported a profit after tax of ₹9.6 crore, up 57% from ₹6.1 crore in Q2 FY'25. * The International Carbon Exchange (ICX) issued 38 lakh I-RECs in Q2 FY'26, contributing to a cumulative 82 lakh issuances in H1 FY'26, surpassing 59 lakh I-RECs issued in FY'25. ICX revenue for Q2 FY'26 was ₹1.9 crore. * Electricity demand growth during the quarter was moderate at 3.4% YoY, with power demand at 449 BUs. * Market Clearing Price in the Day-Ahead Market declined 12.5% to ₹3.93/unit, and in the Real-Time Market, it declined 16.1% to ₹3.51/unit compared to Q2 FY'25 due to higher supply liquidity.

Filing to action

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Indian Energy Exchange Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Indian Energy Exchange Limited. Read the original for the full detail.

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