Indian Energy Exchange (IEX) posted a strong set of consolidated financial results for the fourth quarter of FY25, with net profit rising 21.2% year-on-year to ₹1,171.3 crore, up from ₹966.9 crore in Q4FY24. The profit growth was supported by strong trading activity and an uptick in operational income.
For the quarter ended March 31, 2025, revenue from operations stood at ₹1,422.5 crore, compared to ₹1,212.9 crore in the same quarter last year, marking a 17.3% YoY increase. Including other income of ₹333.5 crore, total income rose to ₹1,745.9 crore, up from ₹1,498.9 crore in Q4FY24.
Total expenses increased modestly to ₹268.1 crore, compared to ₹266.6 crore last year. Despite the rise in employee costs and depreciation, operating leverage remained strong, supporting a profit before tax of ₹1,528 crore, up from ₹1,257.8 crore in Q4FY24.
The company also reported a positive contribution from associate entities, with share of profit from associates at ₹42.3 crore, further boosting profitability. After a total tax outgo of ₹348.9 crore, IEX recorded a net profit of ₹1,171.3 crore for the quarter.
Other comprehensive income stood at ₹2.84 crore, taking the total comprehensive income for Q4FY25 to ₹1,174.1 crore, compared to ₹969.4 crore a year earlier.
IEX’s continued growth in trading volumes, platform innovation, and operational efficiency have enabled it to deliver consistently strong financial performance, even in a challenging macroeconomic environment.
