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 Q2FY24 of ₹3,459.00 Crores down from ₹3,554.00 Crore year on year, a fall of 2.67%.
- Total Expenses for Q2FY24 of ₹2,906.00 Crores down from ₹3,120.00 Crores year on year, a fall of 6.86%.
- Consolidated Net Profit of ₹553.00 Crores up 29.51% from ₹427.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹7.90, up 29.51% from ₹6.10 in the same quarter of the previous year.