Dividend Delight: IEX’s Blockbuster Quarter Sends Shares Up and Investors Smiling

Indian Energy Exchange (IEX) shares gained 2% after the company recorded a phenomenal 21% year-on-year growth in consolidated net profit to ₹117.11 crore for the Q4 FY25, riding on strong trading volumes and increased demand in the power market. Total income in the quarter reached ₹174.59 crore versus ₹149.28 crore during the same quarter last year, showcasing the strong operational performance of the company as well as leadership in the market.

 

Key Highlights

 

IEX recorded its all-time record quarterly traded electricity volume of 31.7 billion units, a year-on-year growth of 18.1%, reflecting accelerating activity on the exchange.

 

The quarter also witnessed a record 68 lakh Renewable Energy Certificates (RECs) traded, a whopping 108% growth over the last year, reflecting IEX's growing prominence in green energy trading.

 

For the entire fiscal year 2024-25, consolidated net profit increased to ₹429.16 crore, and total income was at ₹657.36 crore, both showing significant year-on-year improvement.

 

In appreciation of its robust financials, the board declared a final dividend of ₹1.50 per equity share for FY25. The record date for eligibility for dividend is May 16, 2025.

 

The firm's stellar performance and upbeat outlook have supported investor confidence, as evidenced by the increase in share price.

 

IEX's record quarter illustrates its increasing impact in India's changing energy sector and its capability to take advantage of increasing demand for both traditional and renewable power trading.

 

Sources: Business Today, SolarQuarter, Business Standard, Economic Times