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Indraprastha Gas Ltd Q1 FY24; 4% rise in Profits

Incorporated in the year 1998, Indraprastha Gas Limited (IGL) is in the business of city gas distribution in the National Capital Territory of Delhi. IGL also supplies the gas to the near by regions of Noida, Greater Noida, Ghaziabad, Hapur, Gurugram, Meerut, Shamli, Kanpur, Muzaffarnagar, Karnal and Rewari, Hamirpur, Fatehpur, Ajmer, Pali, Rajasmand.

Financial Results:

  • Indraprastha Gas Ltd reported Revenues for Q1FY24 of ₹3,407.00 Crores up from ₹3,194.00 Crore year on year, a rise of 6.67%.
  • Total Expenses for Q1FY24 of ₹2,866.00 Crores up from ₹2,664.00 Crores year on year, a rise of 7.58%.
  • Consolidated Net Profit of ₹438.00 Crores up 4.04% from ₹421.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹6.26, up 4.16% from ₹6.01 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Natural Gas
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