IEX Indian Energy Exchange Q4 FY25 results (Jan–Mar 2025) and concall
IEX delivered a strong performance in Q4 FY25, characterized by record-high electricity volumes and a massive surge in REC trading. Improved sell-side liquidity (up 23.5%) led to lower clearing prices, which incentivized higher demand across the Day-Ahead and Real-Time markets. The company continues to diversify its portfolio through its gas, carbon, and coal exchange initiatives while maintaining a near-monopoly in collective electricity transactions.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 |
|---|---|---|---|
| Revenue | 139 | 131 | 141 |
| EBITDA | 120 | 113 | 122 |
| Net profit | 106 | 103 | 112 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
