The Indian Energy Exchange (IEX) recently announced its financial results for the first quarter (April to June) of the 2025-26 fiscal year. The company showed good growth in profits and revenue despite rising expenses.
Meanwhile, PTC India Financial Services Limited (PFS) is set to declare its Q1 results on July 30, 2025. Both companies face an important year as India prepares to introduce market coupling in power trading from January 2026.
On July 24, 2025, IEX revealed its Q1 FY26 results. The company posted a consolidated net profit of ₹113 crore, up 20.9% from ₹93.42 crore in the same period last year. Revenue from operations increased by 13.2%, reaching ₹139.9 crore, compared to ₹123.5 crore a year ago.
However, the company’s total expenses jumped 53% to ₹32 crore from ₹29.4 crore in Q1 FY25. This rise in costs could impact future profitability, even though the current numbers are positive.
PTC India Financial Services Limited has scheduled a board meeting on July 30, 2025, to approve and announce its Q1 FY26 financial results. Investors and market watchers are eager to see how the company has performed, especially with new market rules on the horizon.
PTC India holds a stake in Hindustan Power Exchange, which is expected to benefit from the upcoming market coupling system. The results will help investors with demat accounts evaluate the company’s position and growth prospects.
The Central Electricity Regulatory Commission (CERC) has mandated market coupling in the day-ahead market, starting January 2026. This system will unify electricity prices across multiple power exchanges through a shared trading platform.
Currently, IEX dominates the electricity spot market with over 90% share. Market coupling will bring other exchanges, like Hindustan Power Exchange linked to PTC India, into a more equal role. This shift is expected to change the competitive landscape in power trading.
Read more: PTC India Share Price Surges 9% as CERC’s Market Coupling Plan Hits IEX.
IEX’s recent strong quarterly results show resilience even as market dynamics prepare to change. PTC India’s upcoming Q1 report will be important to watch as it could gain from the new market coupling system. Investors with demat accounts should follow these developments closely to make informed decisions in India’s evolving power exchange sector.
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: Jul 25, 2025, 1:53 PM IST
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