Board Meeting Details

The Board of Directors meeting was held on October 29, 2026, commencing at 02:00 PM and concluding at 04:30 PM. The Board considered and approved the unaudited Financial Results (Standalone and Consolidated) along with the Limited Review report for the quarter and half year ended September 30, 2026.

Standalone Financial Performance (All amounts in ₹ lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Revenue from operations: ₹16,502.89 (vs ₹15,224.42 in Q2 FY26)
  • Other income: ₹4,176.55 (vs ₹3,449.32 in Q2 FY26)
  • Total income: ₹20,679.44 (vs ₹18,673.74 in Q2 FY26)
  • Total expenses: ₹3,230.66 (vs ₹2,645.70 in Q2 FY26)
  • Profit before tax: ₹17,448.78 (vs ₹16,028.04 in Q2 FY26)
  • Tax expense: ₹4,165.39 (vs ₹3,866.69 in Q2 FY26)
  • Profit for the period: ₹13,283.39 (vs ₹12,161.35 in Q2 FY26)
  • Basic EPS: ₹1.50 (vs ₹1.37 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Revenue from operations: ₹32,095.86 (vs ₹29,223.23 in H1 FY26)
  • Other income: ₹8,668.13 (vs ₹7,701.69 in H1 FY26)
  • Total income: ₹40,763.99 (vs ₹36,924.92 in H1 FY26)
  • Profit before tax: ₹34,279.21 (vs ₹31,069.14 in H1 FY26)
  • Profit for the period: ₹25,952.53 (vs ₹23,465.44 in H1 FY26)
  • Basic EPS: ₹2.92 (vs ₹2.64 in H1 FY26)

Consolidated Financial Performance (All amounts in ₹ lakhs)

Quarterly Performance (Q2 FY27):

  • Revenue from operations: ₹16,709.63
  • Other income: ₹3,586.13
  • Total income: ₹20,295.76
  • Profit before share of profit of associate and tax: ₹17,034.82
  • Share in profit of associate (net of tax): ₹1,104.75
  • Profit before tax: ₹18,139.97
  • Tax expense: ₹4,215.84
  • Profit for the period: ₹13,923.73
  • Basic EPS: ₹1.56

Half-Yearly Performance (H1 FY27):

  • Revenue from operations: ₹32,497.30
  • Other income: ₹8,079.40
  • Total income: ₹40,576.70
  • Profit before tax: ₹35,819.71
  • Profit for the period: ₹27,399.40
  • Basic EPS: ₹3.08

Key Financial Position (Standalone as of September 30, 2026)

  • Paid-up equity share capital: ₹8,908.95 lakh (face value ₹1 per share)
  • Other equity: ₹1,29,894.93 lakh
  • Total assets: ₹2,54,812.76 lakh
  • Investments: ₹2,17,042.12 lakh (current + non-current)
  • Cash and cash equivalents: ₹1,155.92 lakh

Dividend Information

The Board of Directors had recommended a final dividend of ₹2 per equity share of face value ₹1 each for FY26, which was approved by shareholders at the 20th Annual General Meeting held on September 9, 2026. The dividend was paid during the quarter and half year ended September 30, 2026.

Auditor's Review

Walker Chandiok & Co LLP conducted limited review of both standalone and consolidated financial results. Their review report states that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.

Segment Information

The Company operates as a registered power exchange constituting a single operating segment, with no other reportable segments as per Ind AS 108.

ESOP Scheme

The Company's Employee Stock Option Scheme 2010 is administered by IEX ESOP Trust. No options were exercised during the quarter and half year ended September 30, 2026.

Subsidiaries and Associate Included in Consolidated Results

  • Subsidiaries: ICX Private Limited (formerly International Carbon Exchange Private Limited), Indian Coal Exchange Limited (w.e.f June 1, 2026)
  • Associate: Indian Gas Exchange Limited