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IEX Dividend Ex-Date Today, May 16: ₹1.50 Payout for Shareholders

Written by: Nikitha DeviUpdated on: 16 May 2025, 2:18 pm IST
IEX declares ₹1.50 final dividend. The record date set for the dividend is Friday, May 16, 2025.
IEX Dividend Ex-Date Today, May 16: ₹1.50 Payout for Shareholders
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Indian Energy Exchange Limited (IEX) Board of Directors has declared and approved a final dividend of ₹1.50 per equity share. 

On May 15, 2025, IEX share price opened at ₹199.00 and closed at ₹197.75, up by 0.25%. The stock price touched its day’s high at ₹200.89. 

IEX Dividend Record Date

The Board of Directors of the company has recommended a final dividend of ₹1.50 per fully paid-up equity share with a face value of ₹1 each for the financial year ended March 31, 2025, subject to shareholder approval.

The Board has set Friday, May 16, 2025, as the record date to determine the eligibility of shareholders for receiving the final dividend.

The company stated that the dividend will be distributed within 30 days from the date of shareholder approval.

FY 2025 Financial Highlights

In FY’25, the company achieved its highest-ever traded electricity volume at 121 BUs, marking an 18.7% year-on-year increase. It also recorded an all-time high of 178 lakh Renewable Energy Certificates (RECs) traded during the year, reflecting a substantial 136.3% growth.

Consolidated revenue rose by 19.3% YoY to ₹657.4 crore, up from ₹550.8 crore in FY’24, while consolidated PAT grew 22.3% to ₹429.2 crore from ₹350.8 crore. On a standalone basis, PAT stood at ₹414.6 crore, up 21.4% from ₹341.4 crore in the previous fiscal.

About IEX

Established in 2007, Indian Energy Exchange Ltd offers an automated platform and infrastructure for trading electricity units intended for physical delivery.

Also Read:Trump Tells Apple Not to Expand Production in India Amid Trade Tensions!

Conclusion

Earlier in FY25, the company declared an interim dividend of ₹1.50 per share, with a record date on January 31, 2025.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: May 16, 2025, 8:48 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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