Indian Energy Exchange Q2 FY27: consolidated PAT Rs 139.24 cr, up 12.9%

What the numbers show

• Net margin was 83.33% of revenue, up 318 bps from 80.14%.
• Total expenses rose 22.2% while revenue rose 8.6%.
• Other expenses accounted for Rs 3.66 cr of the Rs 5.92 cr rise in total expenses (61%).

• Basis: Consolidated statement of unaudited financial results for the quarter ended 30 September 2026, with prior comparable quarter ended 30 September 2025 (statement of financial results).

• Revenue from operations: Rs 167.10 cr (Q2 FY27) vs Rs 153.92 cr (Q2 FY26).

• Other income: Rs 35.86 cr vs Rs 29.34 cr.

• Total income (1+2): Rs 202.96 cr vs Rs 183.27 cr.

• Employee benefits expense: Rs 13.51 cr vs Rs 11.84 cr.

• Finance costs: Rs 0.6775 cr vs Rs 0.5329 cr.

• Depreciation and amortisation expense: Rs 6.15 cr vs Rs 5.69 cr.

• Other expenses: Rs 12.28 cr vs Rs 8.62 cr.

• Total expenses: Rs 32.61 cr vs Rs 26.69 cr.

• Profit before share of profit of associate and income tax: Rs 170.35 cr vs Rs 156.57 cr.

• Share in profit of associate (net of tax): Rs 11.05 cr vs Rs 4.53 cr.

• Profit before tax: Rs 181.40 cr vs Rs 161.10 cr.

• Total tax expense: Rs 42.16 cr vs Rs 37.75 cr.

• Profit for the period / year (PAT): Rs 139.24 cr vs Rs 123.35 cr.

• Other comprehensive income, net of tax: Rs 0.4974 cr vs Rs 0.3851 cr.

• Total comprehensive income: Rs 139.73 cr vs Rs 123.73 cr.

• Paid-up equity share capital (face value Rs 1 per share): Rs 89.09 cr vs Rs 89.09 cr.

• Earnings per equity share (basic): Rs 1.56 vs Rs 1.39.

• Earnings per equity share (diluted): Rs 1.56 vs Rs 1.39.

For the quarter ended 30 September 2026, Indian Energy Exchange Limited reported consolidated revenue from operations of Rs 167.10 cr, higher than Rs 153.92 cr in the corresponding quarter ended 30 September 2025, as per the statement of unaudited consolidated financial results. Including other income of Rs 35.86 cr (vs Rs 29.34 cr a year earlier), total income rose to Rs 202.96 cr from Rs 183.27 cr.

Total expenses increased to Rs 32.61 cr from Rs 26.69 cr, led by higher employee benefits expense of Rs 13.51 cr (vs Rs 11.84 cr) and other expenses of Rs 12.28 cr (vs Rs 8.62 cr). Depreciation and amortisation expense was Rs 6.15 cr compared with Rs 5.69 cr, while finance costs stood at Rs 0.6775 cr versus Rs 0.5329 cr.

Profit before share of profit of associate and income tax came in at Rs 170.35 cr, up from Rs 156.57 cr. Share in profit of associate (net of tax) rose to Rs 11.05 cr from Rs 4.53 cr, taking profit before tax to Rs 181.40 cr versus Rs 161.10 cr in the year-ago quarter. After total tax expense of Rs 42.16 cr (vs Rs 37.75 cr), profit for the period / year was Rs 139.24 cr, compared with Rs 123.35 cr.

Other comprehensive income, net of tax, was Rs 0.4974 cr against Rs 0.3851 cr, resulting in total comprehensive income of Rs 139.73 cr versus Rs 123.73 cr in the corresponding prior quarter. Basic and diluted earnings per equity share (face value Rs 1) were both Rs 1.56, up from Rs 1.39 a year earlier, on an unchanged paid-up equity share capital of Rs 89.09 cr.