Indian Energy Exchange Limited — Investor Meet, 01-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Indian Energy Exchange (IEX) reported strong Q1 FY26 financial results: revenue rose 19.2% YoY to INR 184.2 Cr, and PAT increased 25.2% YoY to INR 120.7 Cr. Electricity trading volumes grew 15% YoY, led by a 41% surge in Real-Time Market (RTM) and 51% in Green Market. Average Day Ahead Market prices eased 16% YoY. Management addressed the CERC order for Day Ahead Market coupling by Jan 2026, noting RTM is currently excluded. They expressed confidence in retaining market leadership through their robust technology and strong customer relationships, despite competition. IGX, their gas exchange, also saw substantial volume growth.