Indian Energy Exchange (IEX) shares jumped 10% on July 25 after the company posted strong financial results for the quarter ended June 2025. As of 9:26 AM, the shares were trading 10.00% higher at Rs 145.55.
The energy trading platform reported a 25.2% year-on-year rise in net profit, which stood at ₹120.7 crore, compared to ₹96.4 crore in the same period last year.
Revenue from operations also saw steady growth, climbing 14.7% year-on-year to ₹141.7 crore, up from ₹123.5 crore in Q1 FY25. On the operating front, the company’s EBITDA rose 16.1% to ₹115.6 crore in the June quarter, as against ₹99.6 crore in the corresponding quarter of the previous fiscal. The EBITDA margin also improved slightly to 81.6% from 80.6% a year ago.
Electricity volumes on the exchange rose 14.9% year-on-year to 32.4 billion units in Q1 FY26, reflecting continued momentum in power trading activity. A sharp increase was also recorded in the trading of renewable energy certificates, with 52.7 lakh RECs traded during the quarter — a jump of 149.3% from the year-ago period.
The company also witnessed notable shifts in market dynamics. In the day-ahead market, supply liquidity grew 45.2% year-on-year, contributing to a 16% drop in the average market clearing price, which came in at ₹4.41 per unit. In the real-time market, prices declined even further, with the average rate falling 20% year-on-year to ₹3.91 per unit.
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