IEX Reports Record 141 BU Power Trade, 15% Profit Growth, Strong REC & Gas Market Gains

Indian Energy Exchange (IEX) ('Company') announces audited financial results for the financial year and fourth quarter ending March 31, 2026. 

Key highlights of the audited financial results for the financial year and fourth quarter ending March 31, 2026, as declared by the Company on 23rd April 2026, are listed below:

FY’26

• IEX Culminates Fy’26 With Highest Ever Traded Electricity Volume of 141 Bu, Increase of 17% YoY. 
• Consolidated PAT at Inr 492.9 Crore in Fy’26, Up 15% YoY.
• Board of Directors Announce Final Dividend of Inr 2/- Equivalent to 200% of Face Value of the Equity Share.

Q4FY’26

• Achieves Highest Ever Quarterly Traded Electricity Volume of 39.4 Bu in Q4fy’26, Increase of 24% YoY. 
• Consolidated PAT at Inr 129.8 Crore in Q4fy’26, Up 11% YoY.

POWER SECTOR UPDATE

On the power sector front, India’s electricity demand reached approximately 1,709 BUs, reflecting around 1% growth over the previous year. On the fuel side, ample fuel has been available at competitive prices. India's coal production recorded 1,041 million tonnes in FY’26. Coal inventory as of 31st March 2026 stood at 25 days.

During FY’26, enhanced wind, hydro, solar generation along with sustained supply from coal-based generation resulted in higher supply liquidity on the exchange platform, leading to a substantial decline in DAM and RTM prices. For FY’26, the Market Clearing Price in the Day-Ahead Market at INR 3.86/unit declined 13.7% compared to FY’25. Similarly, the Market Clearing Price in the Real-Time Market at INR 3.59/unit during FY’26 declined 16% compared to FY’25.

On the gas market front, IGX traded highest ever gas volumes of 76.8 million MMBtu in FY’26, a growth of 28% YoY. IGX recorded a profit after tax of INR. 41.9 Crore in FY’26, higher by 35% compared with INR. 30.9 Crore in FY’25.

During FY’26, ICX issued 179 lakh I-REC, recording a growth of over 200% compared with FY’25. ICX made revenue of INR 7.7 crore in FY’26, as compared to INR 3.4 crore in FY’25, achieving growth of 126% YoY.