Indraprastha Gas Limited (IGL) is a leading natural gas distribution company in India. It was established in 1998 to implement the Compressed Natural Gas (CNG) program in the National Capital Region of Delhi, as a joint venture between GAIL (India) Limited, Bharat Petroleum Corporation Limited (BPCL) and the Government of the National Capital Territory of Delhi (GNCTD). IGL is responsible for the distribution of CNG and Piped Natural Gas (PNG) in Delhi, Noida, Greater Noida, Ghaziabad, Rewari, Gurugram, Karnal, and Muzaffarnagar. The company’s vision is to provide clean energy solutions and reduce the carbon footprint in the country. IGL operates a network of over 500 CNG stations and supplies PNG to over 1 million households.
- Indraprastha Gas Limited reported Total Income for Q4 FY23 of ₹4,127.07 Crore up from ₹2,724.16 Crore year on year, a growth of 51.5%.
- Total Expenses for Q4 FY23 of ₹3,691.67 Crore up from ₹2,229.46 Crore year on year, a growth of 65.6%.
- Consolidated Net Profit of ₹397.51 Crore, down 7.8% from ₹430.93 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹5.68, from ₹6.16 in the same quarter of the previous year.