Indian Energy Exchange, a company that deals with electricity trading, had a great year with record trading volumes and an impressive 22.3% growth in profits. The company announced this news yesterday, and it seems like they’re doing pretty well for themselves. Not really sure why this matters, but hey, good for them, I guess.
Their shares were trading at ₹195.29, which was up by ₹4.45 or 2.33%, on the NSE at 12.20 pm. IEX reported a record electricity trading volume of 121 billion units for the financial year ending on March 31, 2025, showing an 18.7% increase from the previous year. The company’s profit after tax also went up by 22.3% to ₹429.2 crore, while their revenue increased by 19.3% to ₹657.4 crore.
In the fourth quarter of FY’25, IEX achieved its highest-ever quarterly electricity volume of 31.7 BU, which was an 18.1% increase from the previous year. Their consolidated profit after tax grew by 21.1% to ₹117.1 crore, and revenue increased by 17% to ₹174.6 crore. The Renewable Energy Certificate (REC) segment also saw significant growth with 178 lakh RECs traded during FY’25, representing a 136.3% increase from the previous year.
IEX’s board of directors announced a final dividend of ₹1.50 per share, which is equivalent to 150% of the face value of each equity share. The company’s subsidiary, International Carbon Exchange (ICX), experienced a massive 964% increase in revenues from ₹32 lakh to ₹3.41 crore in FY’25. Overall, it seems like IEX is doing pretty well for themselves, and it will be interesting to see how they continue to grow in the future.