The shares of Indian Energy Exchange (IEX) are in focus following an 11% year-on-year growth in consolidated net profit to Rs 130 crore for Q4 FY26. Revenue also grew 13% year-on-year to Rs 196 crore. The company’s board approved a final dividend of Rs 2 per equity share for FY26, with May 15 set as the record date for eligibility.
For the entire fiscal year, IEX achieved double-digit growth, with consolidated revenue rising 13.6% year-on-year to Rs 747 crore and profit after tax increasing 14.9% year-on-year to Rs 492.9 crore. Electricity traded volume reached a record 141.1 billion units, up 17% year-on-year.
Despite recent stock declines, IEX shares are up over 6% in one month. However, the stock has dropped more than 6% in one week and over 33% in one year, amid concerns regarding market coupling regulations from the Central Electricity Regulatory Commission (CERC).
