IEX rises after Q1 PAT climbs 12% YoY to Rs 135 cr
Mumbai, July 24 -- Revenue from operations increased 11.37% YoY to Rs 157.87 crore in Q1 FY27.
Profit before tax (PBT) climbed 11.62% YoY to Rs 176.80 crore in Q1 FY27.
Electricity traded volume stood at 37.5 billion units (BUs) in Q1 FY27, registering a 15.9% year-on-year growth, supported by higher power demand during the summer season.
On the power sector front, during the quarter, India experienced hotter-than-normal summer marked by persistent heatwaves and above-normal temperatures. Peak power demand touched a record 270.8 GW in May 2026, while the country's electricity consumption rose 8.8% year-on-year to 485.4 BUs during Q1 FY27, creating favourable conditions for power trading.
On the gas market front, the Indian Gas Exchang...
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