Indian Energy Exchange reported a consolidated net profit of ₹134.8 crore for the quarter ended June 30, 2026, marking an 11.7% increase from ₹120.7 crore in the corresponding period of the previous year. The standalone profit after tax stood at ₹126.7 crore, a 12.1% rise year-on-year. The growth was driven by a 15.9% surge in electricity volumes, which reached 37.5 billion units (BUs) during the quarter, supported by an all-time high peak power demand of 270.8 GW in May 2026 due to hotter-than-normal summer temperatures.

The board of directors approved the unaudited financial results for the quarter during a meeting held on July 23, 2026. The consolidated revenue for Q1FY27 increased 10.1% to ₹202.8 crore, compared to ₹184.2 crore in Q1FY26. Total expenses for the quarter were ₹337.27 lakh on a consolidated basis, compared to ₹324.71 lakh in the same period last year. Profit before tax for the quarter was ₹1,768.01 crore. The earnings per share (EPS) on a consolidated basis was ₹1.52 for the quarter, compared to ₹1.36 in the previous year.

Financial Performance

The average price in the Day Ahead Market during Q1FY27 rose 15.7% to ₹5.1 per unit, while the Real Time Market price increased 13.8% to ₹4.5 per unit. On the gas market front, the Indian Gas Exchange (IGX), an associate of the company, traded volumes of 27.5 Million MMBtu, a growth of 11.9% over Q1FY26. IGX recorded a profit after tax of ₹16.3 crore, higher by 15.5% compared with ₹14.1 crore in Q1FY26.

Key Financial Metrics (Consolidated)

Segment and Subsidiary Information

Indian Energy Exchange operates as a single reportable segment as a registered power exchange. The consolidated financial results include the financials of its subsidiaries, ICX Private Limited (formerly International Carbon Exchange Private Limited) and Indian Coal Exchange Limited (included w.e.f June 1, 2026), as well as its associate, Indian Gas Exchange Limited. The interim financial information of the IEX ESOP Trust and two subsidiaries was not reviewed by their respective auditors but was considered not material to the group. The International Carbon Exchange issued 42.4 lakh I-RECs in Q1FY27, generating revenue of ₹2.1 crore.

Indian Energy Exchange has scheduled an annual analyst meet and quarterly earnings call for Q1FY27 on July 24, 2026, in Mumbai. The meeting will provide a platform for analysts and institutional investors to review the company's quarterly performance following the board's consideration of financial results on July 23.

Meeting Details

The company disclosed the schedule in a filing submitted to the BSE Limited and National Stock Exchange of India Ltd. The session is classified as a group meeting and will be held in Mumbai.

Key Disclosures

Indian Energy Exchange clarified that no unpublished price-sensitive information pertaining to the company is proposed to be shared during the meeting. The schedule is subject to change due to exigencies on the part of institutional investors or the company. The information will be made available on the company's website.