The Indian Geophysical Union had instituted KRISHNAN MEDAL to be awarded each year to an outstanding geophysicist/geologist whose age does not exceed 40 years (on 1st January of the year) and for his outstanding work in specific branches of geophysics/geology and related geosciences. Nominations each year are called from the members of the Executive Council, past recipients of the medal and past Presidents for the award of KRISHNAN MEDAL and constitute an Expert Committee to make the selection for each year. The medallist is presented the award at the annual meeting. Nominations, along with the bio-data, accompanied by 4 copies of the reprints of 3 important publications of the candidates should be sent to the Secretary, Indian Geophysical Union, by 31st July, of the year. From 1993 Medal is awarded to the recipient.
| 1964 | Dr.Manik Talwani |
| 1965 | Dr.D.Lal |
| 1966 | Dr.H.M.Iyer |
| 1967 | Dr.S.Balakrishna |
| 1968 | Dr.A.Jayaraman |
| 1969 | Dr.Supriya Roy |
| 1970 | Dr.C.Radhakrishna Murthy |
| 1971 | Dr.D.N.Avasthi |
| 1972 | Prof.D.Gupta Sarma |
| 1973 | Dr.K.V.Raghava Rao |
| 1974 | Dr.J.G.Negi |
| 1975 | Dr.R.K.Verma |
| 1976 | Dr.K.L.Kaila |
| 1977 | Dr.M.B.Ramachandran Nair |
| 1978 | Dr.H.K.Gupta |
| 1979 | Prof.V.K.Gaur |
| 1980 | Dr.S.K.Verma |
| 1981 | Dr.S.Krishnaswamy |
| 1982 | Dr.K.Gopalan |
| 1983 | Dr.I.V.Radhakrishna Murthy |
| 1984 | Prof.B.H.Briz Kishore |
| 1985 | Dr.S.K.Tandon |
| 1986 | No Award |
| 1987 | Dr.R.K.Tiwari |
| 1988 | Dr.A.K.Singhvi |
| 1989 | Dr.S.Dasgupta |
| 1990 | No Award |
| 1991 | Dr.S.S.Rai |
| 1992 | No Award |
| 1993 | Dr.Kusala Rajendran |
| 1994 | Dr.Rajiv Nigam |
| 1995 | Dr. Anil Kumar |
| 1996 | Dr. K.S.Krishna, Dr. Kalachand Sain |
| 1997 | Dr. P.Divakar Naidu |
| 1998 | Dr. Ranadhir Mukhopadhyay |
| 1999 | Dr. A.K.Chaubey |
| 2000 | Dr. M.Radhakrishna, Dr. Y.V.B.Sarma |
| 2001 | Dr. P.Sengupta |
| 2002 | Dr.Daya Sagar |
| 2003 | No Award |
| 2004 | Dr. U Kulshrestha, Dr. Ajay Manglik |
| 2005 | Dr. V. Chakravarthi |
| 2006 | Dr. V.K. Gahalaut, Dr. Niloy Khare |
| 2007 | Dr. N.V. Chalapathi Rao, Dr. Laxmidhar Behera |
| 2008 | Dr. V.M. Tiwari, Dr. Abhayaram Bansal |
| 2009 | Dr. J.S.Ray |
| 2010 | Dr. Prakash Kumar, Dr. Hetu C.Sheth |
| 2011 | Dr. Pradeep Srivatsava, Dr. B Prasanta Kumar Patro |
| 2012 | Dr. M. Ram Mohan, Dr. Rajesh Agnihotri |
| 2013 | Dr Saumen Maiti, Dr. Senthil Kumar |
| 2014 | Dr. Pawan Dewangan |
| 2015 | Dr. Parthasarathi Chakraborty, Dr. M.S. Girish Kumar |
| 2016 | Dr. Uma Shankar |
| 2017 | Dr. Nimisha Vedanti and Dr. Develeena Mani |
| 2018 | Dr.Tarun C. Khanna |
| 2019 | Dr Arkoprovo Biswas |
| 2020 | Dr.Arvind Singh |
| 2021 | Dr. Sreejith K M |
| 2022 | Dr. Vikram Vishal |