Board Meeting Details
The Board of Directors meeting was held on Thursday, July 23, 2026, commencing at 02:00 PM and concluding at 04:07 PM. The Board considered and approved the unaudited Financial Results (Standalone and Consolidated) along with the Limited Review report for the quarter ended June 30, 2026.
Standalone Financial Results (Quarter ended June 30, 2026)
Income Statement:
- Revenue from operations: ₹15,592.97 lakhs (compared to ₹13,998.81 lakhs in Q1 FY26)
- Other income: ₹4,491.58 lakhs (compared to ₹4,252.37 lakhs in Q1 FY26)
- Total income: ₹20,084.55 lakhs (compared to ₹18,251.18 lakhs in Q1 FY26)
- Total expenses: ₹3,254.12 lakhs
- Profit before tax: ₹16,830.43 lakhs (compared to ₹15,041.10 lakhs in Q1 FY26)
- Tax expense: ₹4,161.29 lakhs (Current tax: ₹4,133.08 lakhs, Deferred tax: ₹28.21 lakhs)
- Profit for the period: ₹12,669.14 lakhs (compared to ₹11,304.09 lakhs in Q1 FY26)
- Other comprehensive income: (₹92.06) lakhs
- Total comprehensive income: ₹12,577.08 lakhs
Key Metrics:
- Earnings per share (Basic and Diluted): ₹1.42 (compared to ₹1.27 in Q1 FY26)
- Paid-up equity share capital: ₹8,908.95 lakhs (unchanged)
Consolidated Financial Results (Quarter ended June 30, 2026)
Income Statement:
- Total income: ₹20,280.94 lakhs
- Total expenses: ₹3,372.68 lakhs
- Profit before share of profit of associate and income tax: ₹16,908.26 lakhs
- Share in profit of associate (net of tax): ₹771.88 lakhs
- Profit before tax: ₹17,680.14 lakhs
- Tax expense: ₹4,204.47 lakhs (Current tax: ₹4,171.09 lakhs, Deferred tax: ₹33.38 lakhs)
- Profit for the period: ₹13,475.67 lakhs
- Other comprehensive income: (₹97.75) lakhs
- Total comprehensive income: ₹13,377.92 lakhs
Key Metrics:
- Earnings per share (Basic and Diluted): ₹1.52
- Paid-up equity share capital: ₹8,908.95 lakhs
Entities Included in Consolidated Results
Subsidiaries:
1. ICX Private Limited (formerly International Carbon Exchange Private Limited)
2. Indian Coal Exchange Limited (included with effect from June 1, 2026)
Associate:
1. Indian Gas Exchange Limited
Auditor's Review
Walker Chandiok & Co LLP conducted the review of both standalone and consolidated financial results. Their review report notes that the financial information of IEX ESOP Trust and two subsidiaries (with total revenues of ₹194.70 lakhs and net profit of ₹34.66 lakhs for the quarter) was not reviewed by their respective auditors but was considered not material to the Company/Group.
Dividend Information
The Board of Directors, in their meeting held on April 23, 2026, had recommended a final dividend of ₹2 per equity share of face value ₹1 each for the financial year ended March 31, 2026, subject to the approval of shareholders at the ensuing Annual General Meeting.
Additional Notes
- The Company operates as a single segment (power exchange) as per Ind AS 108
- No ESOP options were exercised during the quarter ended June 30, 2026
- Figures for the quarter ended March 31, 2026, are balancing figures between audited annual figures and published year-to-date figures
- The financial results will be available on the company's website (www.iexindia.com) and stock exchange portals