Indian Energy Exchange Limited has informed the Exchange regarding Board meeting held on July 24, 2025.
IEX · price
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Awaiting price reaction for this filing.
IEX's board, which met on July 24, 2025, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. On a standalone basis, revenue from operations rose 13.3% year-on-year to ₹13,998.81 lakhs, while net profit grew about 21% to ₹11,304.09 lakhs, lifting EPS to ₹1.27 (from ₹1.05). On a consolidated basis, revenue from operations was ₹14,175.14 lakhs and net profit climbed roughly 25% to ₹12,069.67 lakhs, translating to an EPS of ₹1.36. The board also appointed M/s MNK and Associates LLP as the company's Secretarial Auditors for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval. Separately, a previously recommended final dividend of ₹1.5 per share for FY25 is awaiting approval at the upcoming AGM.
Strong double-digit growth in both revenue and profit in Q1 FY26 reflects solid business momentum and is likely to be viewed positively by investors. The auditor appointment and pending dividend are routine corporate housekeeping matters, with the stock reaction likely driven by the actual quarterly numbers and forward outlook.