New Delhi, Oct 30 (PTI) The Indian Energy Exchange (IEX) on Thursday posted nearly 14 per cent rise in consolidated net profit at Rs 123.34 crore for September quarter FY26, mainly on the back of higher revenues.
The company had clocked a net profit of Rs 108.32 crore a year ago, a regulatory filing stated.
Total income rose to Rs 183.26 crore in the quarter from Rs 167.76 crore in July-September FY25.
According to a company statement, the IEX's electricity (trade) volumes in Q2FY26 stood at 35.2 BUs (billion units), an increase of 16.1 per cent year-on- year.
During the second quarter, increased hydro, wind, and sustained supply from coal-based generation resulted in higher supply liquidity on the exchange platform, which led to a substantial drop in DAM (day ahead market) and RTM (real time market) prices.
The market clearing price in the DAM was at Rs 3.93/unit during Q2FY26, a decline of 12.5 per cent from the year-ago period. Similarly, the market clearing price in the RTM at Rs 3.51/unit during Q2 was 16.1 per cent lower as compared to Q2FY25.
On the gas market front, the Indian Gas Exchange (IGX) traded 161 lakh MMBtu gas in Q2 FY26, a growth of 36.6 per cent year-on-year. In the quarter, IGX earned a profit after tax of Rs 9.6 crore as against Rs 6.1 crore a year ago.
As gas prices remain stable and policy initiatives continue to be positive in the sector, volumes at IGX would be robust.
In Q2, the International Carbon Exchange (ICX) issued 38 lakh I-RECs, adding to a cumulative of 82 lakh issuances in the first half of FY26, surpassing 59 lakh I-RECs issued in FY25.
ICX logged a revenue of Rs 1.9 crore in Q2 and Rs 3.7 crore in April-September of FY26.
The I-REC is a globally recognized digital certificate that serves as transferable proof of generation of 1 MWh of energy from renewable sources.