Indian Energy Exchange (IEX) shares surged 4% in morning trade after the company reported a robust 21.1% rise in consolidated net profit to ₹117.11 crore for Q4 FY25, compared to ₹96.68 crore in the same quarter last year. As of 9:23 AM, the shares were trading 4.37% higher at Rs 199.18.
Total income for the quarter rose to ₹174.59 crore, up from ₹149.28 crore YoY. For the full fiscal year FY25, IEX’s consolidated net profit increased by 22.3% to ₹429.16 crore, while total income grew 19.3% to ₹657.36 crore.
The board has recommended a final dividend of ₹1.50 per equity share for FY25, with May 16, 2025, set as the record date. Dividend payout will be made within 30 days of shareholder approval at the upcoming AGM.
Operationally, IEX achieved its highest-ever quarterly traded electricity volume at 31.7 BU in Q4, marking an 18.1% YoY growth. Additionally, the company traded 68 lakh renewable energy certificates (RECs), a 108% YoY jump—also a quarterly record.
On a standalone basis, Q4 PAT rose 17.8% to ₹112 crore. For FY25, standalone PAT stood at ₹414.6 crore, up 21.4% YoY.
IEX also set new annual records in FY25 by trading 121 BU of electricity (up 18.7%) and 178 lakh RECs (up 136.3%).
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