Indian Energy Exchange Limited has informed the Exchange regarding Appointment of M/s MNK and Associates LLP as Other of the company w.e.f. April 01, 2025.
IEX · price
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Indian Energy Exchange (IEX) announced its Q1 FY26 (quarter ended June 30, 2025) unaudited financial results along with the appointment of M/s MNK and Associates LLP as the new Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval. On a standalone basis, revenue from operations grew about 13% YoY to ₹13,998.81 lakhs (vs ₹12,356.20 lakhs in Q1 FY25), while net profit rose about 21% to ₹11,304.09 lakhs (vs ₹9,342.32 lakhs). Total income stood at ₹18,251.18 lakhs and profit before tax at ₹15,041.10 lakhs. Standalone EPS came in at ₹1.27 (vs ₹1.05 YoY). On a consolidated basis, net profit was ₹12,069.67 lakhs with EPS of ₹1.36. The board also noted that 50,540 ESOP options were exercised during the quarter, and reiterated the recommended final dividend of ₹1.5 per share for FY25, pending AGM approval.
Strong YoY earnings growth in both revenue and profit suggests healthy business momentum at IEX heading into FY26, which is a positive signal for shareholders. The change in secretarial auditor is a routine governance action and unlikely to affect operations or stock price.