Indian Energy Exchange (IEX) has announced its audited financial results for the financial year ending March 31, 2026, showcasing significant growth in both revenue and traded volumes. The company reported a consolidated profit after tax (PAT) of ₹492.9 crore for FY26, marking a 15% year-on-year increase.
In FY26, IEX achieved its highest ever traded electricity volume of 141.1 billion units (BU), reflecting a 17% increase compared to the previous year. The standalone revenue for the year stood at ₹744.9 crore, up from ₹654.3 crore in FY25, representing a 13.9% growth. Similarly, the standalone PAT rose to ₹473.7 crore, a 14.2% increase from the previous year’s ₹414.6 crore. Consolidated revenue also saw an uplift, reaching ₹747.0 crore, up 13.6% from ₹657.4 crore in FY25.
For the fourth quarter of FY26, IEX recorded the highest ever quarterly traded electricity volume of 39.4 BU, a 24.3% year-on-year increase. The consolidated PAT for Q4FY26 was ₹129.8 crore, an 11% rise from ₹117.1 crore in Q4FY25. Standalone revenue for the quarter was ₹194.4 crore, up 12.8% from ₹172.2 crore in the same period last year.
The power sector in India saw electricity demand reach approximately 1,709 BUs, with coal production hitting 1,041 million tonnes in FY26. The market clearing price in the Day-Ahead Market decreased by 13.7% to ₹3.86 per unit, while the Real-Time Market price fell by 16% to ₹3.59 per unit.
The Indian Gas Exchange (IGX) traded a record 76.8 million MMBtu of gas in FY26, a 28% year-on-year growth, with a PAT of ₹41.9 crore, up 35% from the previous year. Meanwhile, the Indian Carbon Exchange (ICX) issued 179 lakh I-REC, achieving over 200% growth compared to FY25, with revenue increasing by 126% to ₹7.7 crore.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).