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AlphaStreet Analysis

Indraprastha Gas Limited Q3FY23; 11% Fall in Profits

Indraprastha Gas Limited‘s revenue in Q3FY23 rose 68% to ₹ 4,089 crores. Consolidated Profit After Tax came at ₹ 334 crores showcasing a 11% fall on an YoY basis. In this quarter’s results, the reports suggested that the fall in profits are due to a 83% YoY rise in expenses.

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