Indraprastha Gas Limited (IGL), a city gas distribution company servicing Delhi and surrounding regions, announced mixed financial results for Q2FY26.
Financial Highlights:
- Revenues rose 8.79% year-on-year to ₹4,023 crore from ₹3,698 crore.
- Total expenses increased 13.06% to ₹3,713 crore from ₹3,284 crore.
- Consolidated net profit
- declined 15.2% to ₹385 crore from ₹454 crore.
- Earnings per share decreased 15.08% to ₹2.76 from ₹3.25.
While revenue growth was driven by higher volumes and expanded customer base, increased expenses, particularly raw material and operational costs, negatively impacted profitability.
Outlook:
Indraprastha Gas aims to enhance cost efficiencies, optimize supply chain management, and diversify its energy offerings to improve margins. Strategic investments in infrastructure and digital initiatives are expected to support sustainable growth in India’s evolving city gas market.
For comprehensive financial updates and insights, follow Indraprastha Gas Ltd on the AlphaStreet India News Channel.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
Most Popular
Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
All you need to know about Antony Waste Handling Cell in one article
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
Demystifying the Leading Non-Ferrous Recycling Company of India
“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,