Indian Energy Exchange Q2 profit jumps 13% YoY to ₹139 crore, electricity trading volume surges to 39.7 billion units

In the corresponding period of the preceding fiscal year, the company had logged a profit of ₹123.35 crore, according to a regulatory filing.

Its consolidated revenue from operations advanced 8.6% YoY to ₹167.1 crore during the quarter under review, compared with ₹153.92 crore in the second quarter of the 2025-26 fiscal year (Q2 FY26).

Its electricity trading volumes increased 12.7% to 39.7 billion units (BUs), the exchange said in a statement.

For the first half of FY27, consolidated net profit grew 12.3% YoY to ₹274 crore, while revenue increased 9.9% YoY to ₹324.97 crore. Electricity volumes rose 14.2 per cent to 77.2 BUs.

Power demand across India increased 11.5% YoY to a record 502 BUs in the September quarter, driven by elevated temperatures associated with El Niño and deficient monsoon rainfall, IEX said. Demand during the first half grew 10.2 per cent to 897 BUs, supported by industrial activity and higher irrigation requirements.

The stronger demand environment pushed the average market-clearing price in IEX's Day-Ahead Market up 46% YoY to ₹5.7 per unit during the quarter. Prices in the Real-Time Market rose 49% to ₹5.2 per unit.

Higher spot prices can encourage generators and buyers to trade through exchanges, although the impact on volumes depends on the availability of electricity, fuel costs and procurement decisions by distribution utilities.

The power market also faced fuel-supply constraints. Domestic coal production fell 1% YoY to about 445 million tonnes in the first half of FY27. Coal inventories were at nearly eight days of consumption as of October 22, while stocks at about 100 power plants were at a critical level of around three days, IEX said.

The combination of stronger electricity demand and constrained coal availability highlights the importance of efficient market-based power procurement, particularly during periods of weather-related demand spikes.

Shares of IEX closed 2.57% higher at ₹105.35 per unit on the National Stock Exchange (NSE) on Thursday, October 29. However, the results were announced after the markets closed.

Indian Energy Exchange has a total market capitalisation of ₹9,393.98 crore as of October 29, 2026, according to data on the NSE.