Indika Energy reports IDR 15.57 billion exploration costs as Indika Energy stock trades EUR 0.11

Published on 10/20/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Indika Energy reports IDR 15.57 billion exploration spending on October 13, 2026. Indika Energy stock trades at EUR 0.11 on October 20, 2026.

Exploration and quarterly results

Indika Energy reported IDR 15.57 billion in exploration spending on October 13, 2026.
Second-quarter 2026 revenue reached USD 653.70 million, up 40.00 percent year over year.
Indika Energy stock was trading at EUR 0.11 at 10:36 a.m. CEST on October 20, 2026 at Lang & Schwarz.

Indika Energy, ID1000110901, Illustration mit AI erstellt.

Indika Energy stock (ISIN ID1000110901) was trading at EUR 0.11 at Lang & Schwarz on October 20, 2026 at 10:36 a.m. CEST. The company had reported IDR 15.57 billion in exploration spending on October 13, 2026, according to Kontan.

Exploration spending reaches IDR 15.57 billion

The October 13 report covered work at Kideco Jaya Agung and Masmindo Dwi Area. Kideco accounted for IDR 9.44 billion, while Masmindo accounted for IDR 6.13 billion, giving the two projects a combined total of IDR 15.57 billion, Kontan reported.

The spending adds a concrete operating measure to Indika Energy's wider diversification strategy. The company's investor page identifies energy, logistics and infrastructure, minerals, green business and digital activities as its five business pillars, while its stated goal is for at least 50.00 percent of revenue to come from non-coal businesses by 2028, according to Indika Energy.

What did second-quarter revenue show?

Second-quarter 2026 revenue reached USD 653.70 million, up 40.00 percent from the same period of 2025, while net income reached USD 3.17 million, according to Simply Wall St. The reported figures point to higher sales and a return to profitability for the quarter, although the net margin was 0.50 percent.

Stock price and operating context

The investor page reports fiscal year 2025 revenue of USD 2,030.90 million and net income attributable to parent-company owners of USD 6.03 million. It also lists total debt of USD 1,588.30 million for that period, keeping balance-sheet discipline central to the diversification story.

Indika Energy's Indonesian listing trades under ticker INDY on the Indonesia Stock Exchange. The current euro quotation gives German investors a direct market reference while the company's operating figures remain reported in US dollars and Indonesian rupiah.

Indika Energy stock remains an intraday quote

The stock was trading at EUR 0.11 at Lang & Schwarz on October 20, 2026 at 10:36 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Indika Energy stock.