Indian Energy Exchange Q4 Results: Profit Jumps 21%

Indian Energy Exchange Ltd.'s net profit rose 21% to Rs 117.1 crore in the fourth quarter of fiscal 2025, according to its audited consolidated financial results.

In comparison, the trading platform provider's profit stood at Rs 96.7 crore in the similar period of FY24, according to the company's exchange filing on Thursday.

Meanwhile, for the full fiscal, the company’s consolidated net profit rose to Rs 429.2 crore against the preceding financial year during which its profit stood at Rs 350.8 crore.

The company's total income for the quarter under review stood at Rs 174.6 crore versus Rs 149.3 crore that it had earned in the similar period in the previous fiscal.

For the full fiscal, total income rose to Rs 657.4 crore from Rs 550.8 crore in 2023-24.

The board of directors has recommended a final dividend of Rs 1.5 against each equity share with a face value of Re 1 each for the financial year ended March 2025.

It has fixed May 16, 2025 as the "record date" to ascertain the eligibility of shareholders for payment of final dividend, the filing added.

The final dividend, if approved by the shareholders at the ensuing annual general meeting, will be paid within 30 days from the date of their approval.

The company’s press release highlighted that it logged the highest ever quarterly traded electricity volume of 31.7 billion units in Q4 FY25, 18.1% higher year-on-year.

The renewable energy certificates on the platform in Q4FY25 witnessed a 108% rise to 68 lakh. It was also the highest-ever RECs traded in a quarter. The company’s standalone net profit in Q4 FY25 rose 17.8% to Rs 112 crore from Rs 95.1 crore in Q4FY24.

Similarly, in FY25, IEX logged the highest-ever traded electricity volume of 121 BUs, up 18.7% YoY. It traded 178 lakh RECs during FY25, registering an increase of 136.3%. It was the highest ever RECs traded in a financial year.

For FY25, standalone PAT increased 21.4% to Rs 414.6 crore from Rs 341.4 crore in FY24.

Shares of Indian Energy Exchange closed 0.26% lower at Rs 190.75 apiece on the BSE, compared to a 0.39% decline in the benchmark Sensex. The company had filed its financial results after the stock markets had closed for Thursday.

(With PTI inputs)