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.
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