IEX Share Price in Focus; PAT Jumps 14.9% in FY26 Results, Announces ₹2 Final Dividend

Indian Energy Exchange reported robust financial results for the financial year ending March 31, 2026, driven by record electricity trading volumes and steady growth across key segments.

The company achieved its highest-ever traded electricity volume of 141.1 billion units (BUs) in FY26, marking a 17% year-on-year increase. Renewable Energy Certificates (RECs) trading also reached a record 187.2 lakh units, reflecting a 5% rise.

Standalone revenue stood at ₹744.9 crore, up 13.9% from ₹654.3 crore in FY25. Standalone profit after tax (PAT) rose 14.2% to ₹473.7 crore. On a consolidated basis, revenue grew 13.6% to ₹747.0 crore, while PAT increased 14.9% to ₹492.9 crore.

Strong Momentum in Q4FY26

The fourth quarter continued the growth trajectory with record quarterly electricity volume of 39.4 BUs, up 24.3% year-on-year. REC trading during the quarter reached 71.71 lakh units, registering a 6.1% increase.

Standalone revenue for Q4FY26 came in at ₹194.4 crore, up 12.8%, while PAT rose 10.7% to ₹124.0 crore. Consolidated revenue and PAT also showed steady growth, increasing by 12.5% and 10.8%, respectively.

Power Sector Trends Impact Performance

India’s electricity demand reached approximately 1,709 BUs in FY26, growing around 1% year-on-year. Increased renewable energy generation, along with consistent coal-based supply, improved liquidity in power markets.

This higher supply led to a decline in prices. The Day-Ahead Market (DAM) price fell 13.7% to ₹3.86 per unit, while Real-Time Market (RTM) prices dropped 16% to ₹3.59 per unit.

Growth Across Gas and Carbon Markets

Indian Gas Exchange recorded its highest-ever gas trading volume of 76.8 million MMBtu in FY26, up 28%. The platform reported a PAT of ₹41.9 crore, reflecting a 35% increase.

International Carbon Exchange also saw strong traction, issuing 179 lakh I-RECs, a growth of over 200%. Revenue more than doubled to ₹7.7 crore.

Final Dividend Announcement

The Board of Directors has recommended a final dividend of ₹2 per equity share, equivalent to 200% of the face value.

IEX Share Price Today

On April 24, 2026, IEX share price opened at ₹128.40, touching the day’s high at ₹129.70, as of 10:12 AM on the NSE.

Also Read: IEX Records Highest Ever Traded Electricity Volume in FY26!

Conclusion

IEX’s FY26 performance highlights its strong market position, supported by rising trading volumes and expansion across energy segments. Despite declining power prices, the company maintained healthy growth in revenue and profitability. With continued focus on innovation and diversification, IEX remains well-positioned to benefit from India’s evolving energy landscape.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private 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.