IEX Q1 profits rise 11.7% to Rs134.8cr
IEX posted a solid first-quarter performance with double-digit profit growth and revenue rising as volumes held up, while EBITDA margins expanded to among the highest in the sector, signaling resilient momentum in India's power market. The company also disclosed that its subsidiary Indian Gas Exchange has filed for an IPO, offering 22.3% equity shares and prompting IEX to reduce its stake to 25% in line with PNGRB regulations.
Business · 5 sources · Jul 23, 2026Read itThe journal
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About Indian Energy Exchange
The Indian Energy Exchange (IEX) is an Indian electronic system based power trading exchange regulated by the Central Electricity Regulatory Commission (CERC). IEX started its operations on 27 June 2008. Indian Energy Exchange pioneered the development of power trading in India and provides an electronic platform to the various participants in power market, comprising State Electricity Boards, Power producers (Gencos), Power traders, and Open Access Consumers.
Everything about Indian Energy Exchange →- Headquarters
- New Delhi
- Inception
- 2008
- Website
- http://www.iexindia.com/