FY’26

  • IEX CULMINATES FY’26 WITH HIGHEST EVER TRADED ELECTRICITY VOLUME OF 141 BU, INCREASE OF 17% YoY
  • CONSOLIDATED PAT AT INR 492.9 CRORE IN FY’26, UP 15% YoY.
  • BOARD OF DIRECTORS ANNOUNCE FINAL DIVIDEND OF INR 2/- EQUIVALENT TO 200% OF FACE VALUE OF THE EQUITY SHARE.

Q4FY’26

  • ACHIEVES HIGHEST EVER QUARTERLY TRADED ELECTRICITY VOLUME OF 39.4 BU IN Q4FY’26, INCREASE OF 24% YoY
  • CONSOLIDATED PAT AT INR 129.8 CRORE IN Q4FY’26, UP 11% YOY.

Mumbai: Key highlights of the audited financial results for the financial year and fourth quarter ending March 31, 2026, as declared by the Company on 23rd April 2026, are listed below:

FY’26

  • Highest ever traded electricity volume of 141.1 BUs in FY’26, increase of 17% YoY.
  • 187.20 lac RECs traded during FY’26, increase of 5%. Highest ever RECs traded in a financial year.
  • Standalone Revenue at INR 744.9 crore in FY’26, as compared to INR 654.3 crore in FY’25, increase of 13.9% YoY.
  • Standalone PAT at INR 473.7 crore in FY’26, as compared to INR 414.6 crore in FY’25, increase of 14.2% YoY.
  • Consolidated Revenue at INR 747.0 crore in FY’26, as compared to INR 657.4 crore in FY’25, increase of 13.6% YoY.
  • Consolidated PAT at INR 492.9 crore in FY’26, as compared to INR 429.2 crore in FY’25, increase of 14.9% YoY.

Q4FY’26

  • Highest ever quarterly traded electricity volume of 39.4 BU in Q4FY’26, increase of 24.3% YoY.
  • 71.71 lac RECs traded during Q4FY’25, increase of 6.1%.
  • Standalone Revenue at INR 194.4 crore in Q4FY’26, as compared to INR 172.2 crore in Q4FY’25, increase of 12.8% YoY.
  • Standalone PAT at INR 124.0 crore in Q4FY’26, as compared to INR 112.0 crore in Q4FY’25, increase of 10.7% YoY.
  • Consolidated Revenue at INR 196.4 crore in Q4FY’26, as compared to INR 174.6 crore in Q4FY’25, increase of 12.5% YoY.
  • Consolidated PAT at INR 129.8 crore in Q4FY’26, as compared to INR 117.1 crore in Q4FY’25, increase of 10.8% YoY.

Power Sector Update

On the power sector front, India’s electricity demand reached approximately 1,709 BUs, reflecting around 1% growth over the previous year. On the fuel side, ample fuel has been available at competitive prices. India’s coal production recorded 1,041 million tonnes in FY’26. Coal inventory as of 31st March 2026 stood at 25 days.

During FY’26, enhanced wind, hydro, solar generation along with sustained supply from coal-based generation resulted in higher supply liquidity on the exchange platform, leading to a substantial decline in DAM and RTM prices. For FY’26, the Market Clearing Price in the Day-Ahead Market at INR 3.86/unit declined 13.7% compared to FY’25. Similarly, the Market Clearing Price in the Real-Time Market at INR 3.59/unit during FY’26 declined 16% compared to FY’25.

On the gas market front, IGX traded highest ever gas volumes of 76.8 million MMBtu in FY’26, a growth of 28% YoY. IGX recorded a profit after tax of INR. 41.9 Crore in FY’26, higher by 35% compared with INR. 30.9 Crore in FY’25.

During FY’26, ICX issued 179 lakh I-REC, recording a growth of over 200% compared with FY’25. ICX made revenue of INR 7.7 crore in FY’26, as compared to INR 3.4 crore in FY’25, achieving growth of 126% YoY.