Indian Energy Exchange Limited — Investor Meet, 07-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

IEX Q2 FY26: Revenue up 9.2% to Rs. 183.3 Cr, PAT up 13.9% to Rs. 123.4 Cr. Electricity volumes grew 16.1%, with Real-Time Market volumes soaring 39% and now leading Day-Ahead Market. Gas exchange (IGX) saw 37% volume growth and 57% PAT rise.

Management bullish on India’s power demand outlook, driven by economic growth. New products (Green RTM, Peak DAM/RTM) and Virtual PPAs are expected to boost future exchange volumes. Carbon credit trading is advancing.

Market coupling for Day-Ahead Market is pending appeal. IEX projects 15-20% volume growth for FY26, focusing on customer experience and technology.