Shares in green as Indian Energy Exchange reports record trading volumes and 22.3% profit growth in FY’25 

Indian Energy Exchange (IEX) reports record electricity trading volumes, profit growth, and dividend declaration for FY’25.
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The shares of Indian Energy Exchange Limited were trading at ₹195.29 up by ₹4.45 or 2.33 per cent on the NSE today at 12.20 pm.

Indian Energy Exchange (IEX) announced yesterday its strongest performance to date, with record electricity trading volumes of 121 billion units (BUs) for the financial year ending March 31, 2025, an 18.7 per cent increase year-over-year.

The company’s consolidated profit after tax (PAT) rose 22.3 per cent to ₹429.2 crore compared to ₹350.8 crore in the previous fiscal year. Consolidated revenue increased by 19.3 per cent to ₹657.4 crore.

For the fourth quarter of FY’25, IEX achieved its highest-ever quarterly electricity volume of 31.7 BU, up 18.1 per cent year-over-year. Q4 consolidated PAT grew 21.1 per cent to ₹117.1 crore while revenue increased 17 per cent to ₹174.6 crore compared to the same period last year.

The Renewable Energy Certificate (REC) segment saw exceptional growth, with 178 lakh RECs traded during FY’25, marking a 136.3 per cent increase and setting a record for annual REC trading. The fourth quarter alone recorded 68 lakh RECs traded, up 108 per cent from Q4 FY’24.

IEX’s board of directors declared a final dividend of ₹1.50 per share, equivalent to 150 per cent of the face value of each equity share.

The company’s wholly-owned subsidiary, International Carbon Exchange (ICX), became India’s first accredited International Renewable Energy Certificate issuer, generating revenues of ₹3.41 crore in FY’25, a 964 per cent increase from the previous year’s ₹32 lakh.

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Published on April 25, 2025