IEX Reports 11% Rise in Q4 Profit, Declares ₹2 Dividend
IEX Q4 Results: Net profit rises 11% YoY to ₹130 crore; board declares ₹2 final dividend
Mint
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Indian Energy Exchange (IEX) reported an 11% year-on-year increase in net profit to ₹130 crore for the March quarter. The company also announced a final dividend of ₹2 per share for FY26, reflecting robust growth in traded electricity volumes and revenue.
- 01IEX's consolidated net profit for Q4 FY26 rose 10.8% YoY to ₹129.8 crore.
- 02Consolidated revenue from operations increased 12.5% YoY to ₹196.4 crore.
- 03Total traded electricity volume reached 39.4 billion units (BU), a 24.3% YoY increase.
- 04The board declared a final dividend of ₹2 per share, subject to shareholder approval.
- 05The market-clearing price for electricity in the day-ahead market dropped 13.7% YoY to ₹3.86 per unit.
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The Indian Energy Exchange (IEX) announced its financial results for the March quarter, showing a 10.8% year-on-year increase in consolidated net profit to ₹129.8 crore. Consolidated revenue from operations for the quarter was ₹196.4 crore, marking a 12.5% YoY growth. For the entire fiscal year ending March 31, 2026, IEX reported a total revenue of ₹747.0 crore, up 13.6% YoY, with a profit after tax of ₹492.9 crore, reflecting a 14.9% increase. The company achieved record electricity trading volumes, with 39.4 billion units traded in Q4, a 24.3% YoY increase, and a total of 141.1 billion units for FY26, up 17% YoY. The board has proposed a final dividend of ₹2 per share, pending shareholder approval, with the record date set for May 15, 2026. The market-clearing prices for electricity in both the day-ahead and real-time markets saw significant declines, driven by increased renewable energy generation and stable coal supply.
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The increase in traded electricity volumes indicates stronger market activity, which may lead to more competitive pricing for consumers. The dividend could also provide additional income for shareholders.
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