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IEX Energy 30 Apr 2024

Indian Energy Exchange Ltd — Q4 FY24

IEX reported a solid Q4 FY24 with consolidated revenue of INR 149.3 crore (+15% YoY) and PAT of INR 96.7 crore (+9.5% YoY), driven by 30.1 BU electricity volume (+15.7% YoY) and...

bullish high
Compare with...
Revenue ₹121 Cr +15%
EBITDA
PAT ₹97 Cr +9.5%
EBITDA Margin 86%
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 implementation

CERC's direction to study coupling of RTM with SCED could eventually lead to market coupling, potentially reducing IEX's market share and margins.

medium · analyst_question
R

Slower shift from bilateral to exchange trading

Despite growth in long duration contracts, the shift from bilateral to exchange trading may not accelerate as expected, limiting volume growth.

medium · data_observation
R

Regulatory uncertainty in carbon market

Lack of clarity on voluntary vs mandatory carbon market delays ICX launch and revenue potential.

low · management_commentary