IEX Reports Strong Q3 FY26 Results: Net Profit Up 11% to ₹119 Crore

Mumbai: Indian Energy Exchange (IEX), India's premier power trading platform, announced robust financial performance for the third quarter ended December 31, 2025. The company reported a consolidated net profit of ₹119.11 crore, marking an 11.01% year-on-year (YoY) growth compared to ₹107.29 crore in Q3 FY25.

Key Financial Highlights (Q3 FY26 vs Q3 FY25):

Revenue from Operations: Increased by 10.31% YoY to ₹145.67 crore.
Profit Before Tax (PBT): Jumped 12.54% YoY to ₹156.94 crore.
Earnings Per Share (EPS): Not specified in the brief, but implied growth in line with net profit.

Nine-Month Performance (Apr-Dec 2025):

The company's growth trajectory remained strong on a cumulative basis:

9M FY26 Net Profit: ₹363.14 crore, up 16.36% YoY.
9M FY26 Revenue: ₹441.34 crore, up 11.72% YoY.

Shareholder Reward: Interim Dividend Declared

In a positive move for investors, the Board of Directors approved an interim dividend of ₹1.50 per equity share for the financial year 2025-26.

Business Context & Market Performance:

Core Business: IEX operates India's leading automated trading platform for electricity, renewable power, and related certificates (RECs & ESCerts), playing a critical role in the country's power sector efficiency.
Stock Performance: On the day of the announcement, IEX shares closed 0.97% lower at ₹127.55 on the BSE, possibly indicating a "sell on news" reaction or broader market trends.

The consistent double-digit growth in both revenue and profit underscores IEX's dominant position in the power trading market and its ability to scale operations profitably amidst evolving energy dynamics in India.