Indian Energy Exchange (IEX) today announced its unaudited consolidated financial results for the quarter ended June 30, 2025 (Q1 FY’26), along with key business highlights. The Company continued its growth momentum in power trading volumes and sustainability offerings, driven by strong market participation and evolving energy dynamics.
Key Financial and Business Highlights:
- Electricity volumes stood at 32.4 billion units (BUs), a 14.9% year-on-year (YoY) increase.
- Renewable Energy Certificates (RECs) traded totaled 52.7 lakh, marking a 149.3% YoY growth.
- Consolidated revenue was Rs. 184.2 crore, up 19.2% from Rs. 154.5 crore in Q1 FY’25.
- Standalone Profit After Tax (PAT) stood at Rs. 113 crore, up 21% YoY from Rs. 93.4 crore.
- Consolidated PAT reached Rs. 120.7 crore, reflecting a 25.2% YoY increase over Rs. 96.4 crore in Q1 FY’25.
Business Update
India’s power demand peaked at 242 GW on June 12, 2025, reflecting the pressures of the summer season. The Ministry of Power proactively responded by:
- Extending Section 11 of the Electricity Act to ensure full-capacity operation of imported coal-based plants until the end of June.
- Activating gas-based power plants.
- Ensuring sufficient domestic coal supply to maintain uninterrupted power availability.
While earlier forecasts predicted a peak demand of 277 GW due to anticipated extreme temperatures, an early monsoon and widespread unseasonal rains moderated power requirements. As a result, electricity consumption in Q1 FY’26 was 446 BUs, slightly lower by 1.3% YoY.
On the fuel front, coal production stood at 247 million tonnes (MTs), in line with the previous fiscal’s Q1 output. Coal inventories remained strong at 25 days as of mid-July 2025, ensuring a stable fuel supply and pricing environment.
