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IEX Energy 20 Jul 2023

Indian Energy Exchange Ltd — Q1 FY24

IEX reported consolidated revenue of INR 127.4 crore (+12.3% YoY) and PAT of INR 75.8 crore (+9.7% YoY) for Q1 FY24.

neutral medium
Compare with...
Revenue ₹104 Cr +12.3%
EBITDA
PAT ₹76 Cr +9.7%
EBITDA Margin 78%
Duration
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Market coupling uncertainty

Ministry of Power has asked CERC to examine market coupling, which could alter exchange price discovery and reduce incentives for product innovation.

high · analyst_question
R

Lower-than-expected power demand growth

Q1 FY24 electricity consumption grew only 1.8% YoY due to cooler weather, below the anticipated 8-9%.

medium · data_observation
R

Gas exchange volume decline

IGX volumes declined 9% YoY in Q1 due to higher domestic gas availability under long-term contracts, reducing spot market participation.

medium · management_commentary