HighPositive
Announced Thu, 23 Jul · 19:25 IST
IEX Q1 results: Net profit grows 12% YoY to ₹135 crore; electricity volumes rise 16%
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Indian Energy Exchange (IEX) reported a 12.1 percent year-on-year rise in standalone profit after tax to 126.7 crore and an 11.7 percent jump in consolidated PAT to 134.8 crore for Q1 FY27. Consolidated revenue grew 10.1 percent YoY to 202.8 crore, while electricity trading volumes rose 15.9 percent YoY to 37.5 billion units. Separately, IEX's gas exchange subsidiary IGX filed its DRHP with SEBI on July 14 for a proposed IPO, involving an offer for sale of 22.3 percent equity stake by IEX to comply with PNGRB shareholding norms.