{"id":178649,"date":"2026-01-30T13:55:29","date_gmt":"2026-01-30T18:55:29","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=178649"},"modified":"2026-01-30T13:55:29","modified_gmt":"2026-01-30T18:55:29","slug":"indian-energy-exchange-ltd-iex-q3-profit-rises-11-on-robust-volume-growth","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indian-energy-exchange-ltd-iex-q3-profit-rises-11-on-robust-volume-growth\/","title":{"rendered":"Indian Energy Exchange Ltd (IEX) Q3 profit rises 11% on robust volume growth"},"content":{"rendered":"\n<p>Indian Energy Exchange Ltd (NSE: IEX; BSE: 540750) reported an 11% increase in consolidated net profit for the third quarter ended Dec. 31, 2025, supported by double-digit growth in electricity volumes despite flat national power demand. The country\u2019s premier electricity exchange posted a consolidated profit after tax of INR119.1 crore for the quarter, up from INR107.3 crore in the same period last year. Consolidated revenue rose 14% to INR183.1 crore, compared with INR160.5 crore in the year-ago quarter.<\/p>\n\n\n\n<p>The board of directors declared an interim dividend of INR1.50 per equity share, representing 150% of the face value, for the 2025-26 financial year. The company has fixed February 4, 2026, as the record date for the payment.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IEX-683x1024.jpg\" alt=\"\" class=\"wp-image-178652\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IEX-683x1024.jpg 683w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IEX-200x300.jpg 200w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IEX-768x1152.jpg 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/IEX.jpg 1024w\" sizes=\"auto, (max-width: 683px) 100vw, 683px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Operational Highlights and Market Prices<\/strong><\/h2>\n\n\n\n<p>IEX reported electricity volumes of 34.1 billion units (BUs) in the third quarter, marking an 11.9% year-on-year growth. The increase in volume came even as overall national electricity demand remained flat at 392 BUs due to prolonged monsoons in 2025.<\/p>\n\n\n\n<p>Improved supply liquidity, driven by capacity additions and sustained coal-based generation, led to a significant decline in exchange prices. The market clearing price in the Day-Ahead Market (DAM) fell 13.2% year-on-year to INR3.22 per unit, while the Real-Time Market (RTM) price dropped 11.6% to INR3.26 per unit. On the fuel front, imported coal prices remained favorable at approximately $47 per tonne, a 10% decline from the previous year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Subsidiary Performance<\/strong><\/h2>\n\n\n\n<p>The Indian Gas Exchange (IGX) saw its traded volumes grow 8% to 17.5 million MMBtu, contributing a profit after tax of INR8.8 crore for the quarter.<\/p>\n\n\n\n<p>The International Carbon Exchange (ICX), the company\u2019s voluntary carbon trade arm, reported revenue of INR1.8 crore for the quarter. ICX issued 51 lakh International Renewable Energy Certificates (I-RECs) during the period, bringing its nine-month cumulative total to 133 lakh issuances.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Future Outlook<\/strong><\/h2>\n\n\n\n<p>IEX continues to focus on diversifying its marketplace, with plans underway to establish India\u2019s first coal exchange by the 2026-27 financial year. The company is also evaluating opportunities in battery energy storage systems (BESS), noting that the first merchant BESS trades occurred on the exchange in December. The company&#8217;s nine-month consolidated profit for the period ending December 31, 2025, stands at INR363.1 crore, a 16.4% increase over the previous year<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Energy Exchange Ltd (NSE: IEX; BSE: 540750) reported an 11% increase in consolidated net profit for the third quarter ended Dec. 31, 2025, supported by double-digit growth in electricity volumes despite flat national power demand. The country\u2019s premier electricity exchange posted a consolidated profit after tax of INR119.1 crore for the quarter, up from [&hellip;]<\/p>\n","protected":false},"author":2381,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,392,1],"tags":[14773,10097],"class_list":["post-178649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-earnings","category-finance-stocks","tag-capital-markets-india","tag-financial-service"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":147286,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-indian-energy-exchange-limited-for-q4-fy23\/","url_meta":{"origin":178649,"position":0},"title":"Earnings Summary Of Indian Energy Exchange Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 25, 2023","format":false,"excerpt":"India's leading energy exchange, Indian Energy Exchange Limited (IEX), offers a national automated trading platform for the physical delivery of electricity, renewable energy, and certificates. IEX provides participants with the chance to trade in a variety of energy products and facilitates effective price discovery. Their exchange platform improves trade execution\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":139165,"url":"https:\/\/alphastreet.com\/india\/indian-energy-exchange-limited-q3-fy23-revenue-declined-to-100-crore\/","url_meta":{"origin":178649,"position":1},"title":"Indian Energy Exchange Limited Q3 FY23; Revenue Declined To 100 Crore","author":"Hardik Bhandare","date":"January 25, 2023","format":false,"excerpt":"Indian Energy Exchange Limited (NSE: IEX) reported a Revenue from Operations of \u20b9100.27 Crores, a decline of 14.7% growth from the previous year. The Consolidated Net Profit for the business increased by -4..3% year over year, to \u20b977.21 Crore. Earnings per Share is \u20b90.86 for this quarter.","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7c2116b1-2eb2-455c-b31a-f98a73fb80d4-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7c2116b1-2eb2-455c-b31a-f98a73fb80d4-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7c2116b1-2eb2-455c-b31a-f98a73fb80d4-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7c2116b1-2eb2-455c-b31a-f98a73fb80d4-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7c2116b1-2eb2-455c-b31a-f98a73fb80d4-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7c2116b1-2eb2-455c-b31a-f98a73fb80d4-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142751,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-indian-energy-exchange-limited-for-q3-fy23\/","url_meta":{"origin":178649,"position":2},"title":"Earnings Summary Of Indian Energy Exchange Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 24, 2023","format":false,"excerpt":"Indian Energy Exchange (NSE: IEX) is a leading electricity trading platform in India. It was incorporated in 2007 and started operations in 2008. The company operates in the power trading segment and facilitates trading of electricity through its platform. IEX provides a transparent and efficient platform for buyers and sellers\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148672,"url":"https:\/\/alphastreet.com\/india\/indian-energy-exchange-indias-premier-technology-led-energy-marketplace\/","url_meta":{"origin":178649,"position":3},"title":"Indian Energy Exchange: India\u2019s Premier Technology-led Energy Marketplace","author":"Hardik Bhandare","date":"June 15, 2023","format":false,"excerpt":"\u201cFor the past 15 years, IEX has continuously pioneered the market with its keen focus on customer centricity, innovation and technology. IEX will remain at the forefront of accelerating India\u2019s energy transition towards net zero. We will continue to explore business opportunities in new products and markets such as ancillary\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/pexels-pok-rie-189524.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/pexels-pok-rie-189524.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/pexels-pok-rie-189524.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":165360,"url":"https:\/\/alphastreet.com\/india\/indian-energy-exchange-ltd-q2fy25-26-rise-in-profits\/","url_meta":{"origin":178649,"position":4},"title":"Indian Energy Exchange Ltd Q2FY25; 26% rise in Profits","author":"Divyansh_Kasana","date":"November 4, 2024","format":false,"excerpt":"Incorporated in 2007, Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity Financial Results: Indian Energy Exchange Ltd reported Revenues for Q2FY25 of \u20b9139.00 Crores up from \u20b9109.00 Crore year on year, a rise of 27.52%. Total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":166745,"url":"https:\/\/alphastreet.com\/india\/indian-energy-exchange-ltd-q3fy25-16-rise-in-profits\/","url_meta":{"origin":178649,"position":5},"title":"Indian Energy Exchange Ltd Q3FY25; 16% rise in Profits","author":"Divyansh_Kasana","date":"February 10, 2025","format":false,"excerpt":"Incorporated in 2007, Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity Financial Results: Indian Energy Exchange Ltd reported Revenues for Q3FY25 of \u20b9132.00 Crores up from \u20b9115.00 Crore year on year, a rise of 14.78%. Total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/Y-5.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/Y-5.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/Y-5.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/Y-5.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/Y-5.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/Y-5.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2381"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=178649"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178649\/revisions"}],"predecessor-version":[{"id":178653,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178649\/revisions\/178653"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=178649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=178649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=178649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}