Exchange company Indian Energy Exchange announced Q2FY25 results Financial Highlights: Total volumes in Q2FY25 at 36.7 BUs, increased 38.2% from 26.5 BUs in Q2FY24. Consolidated Revenue in Q2FY25 at Rs 167.8 crore, increased 26.2 % from Rs 133 crore in Q2FY24. Standalone Profit After Tax in Q2FY25 at Rs 106.1 crore, increased 28.0% from Rs 82.9 crore in Q2FY24. Consolidated Profit After Tax in Q2FY25 at Rs 108.3 crore, increased 25.2% from Rs 86.5 crore in Q2FY24. Business Highlights: During the quarter, IEX recorded a total trading volume of 36.7 BUs, an increase from 26.5 BUs in Q2FY24, marking a growth of 38.2% YoY. This total volume comprises electricity volume of 30.4 BUs and certificate traded volume of 6.3 BUs. Consolidated revenue for the company at Rs 167.8 crore in Q2FY25, grew by 26.2% YoY, from Rs 133 crore in Q2FY24. Consolidated PAT at Rs 108.3Cr in Q2FY25, increased by 25.2% YoY, from Rs 86.5 crore in Q2FY24. On the power sector front, electricity demand growth during the second quarter slowed on the back of a better-than-expected monsoon. Power demand at 435 BUs in Q2FY25 was largely flat at +0.5% YoY with a peak demand of 227 Gigawatt. On the fuel side, this fiscal has not seen any shortage so far. Coal is available through the Eauction route at a very nominal premium of about 20% with respect to the administered price and coal inventory today is for about 14 days. Favourable monsoons this year, high hydro and wind generation, and ample availability of fuel, led to higher liquidity on the exchange platform and a subsequent decline in power prices. The Market Clearing Price in the Day Ahead Market for the quarter averaged Rs 4.48 per unit, down 23.8% year-on-year. Similarly, the Market Clearing Price in the Real Time Market was Rs 4.18 per unit, reflecting a 24.5% year-on-year decline. During the quarter, IEX’s, wholly owned subsidiary International Carbon Exchange (ICX), was accredited as India’s first International Renewable Energy Certificate (I-REC) Issuer. I-REC is a globally recognized digital certificate that serves as transferable proof of generation of 1 MWh of energy from renewable sources. On the gas market front, the Indian Gas Exchange (IGX) traded total volume of 118 lakh MMBtu for Q2FY25. The profit after tax for IGX for Q2FY25 was at Rs 6.1 crore, compared with Rs7.8 crore in Q2FY24. Result PDF