Indraprastha Gas Limited (IGL) reported its Q2 FY25 financial results, showcasing steady growth in revenue and profit.

Key Financial Highlights (Q2 FY25):

  • Revenue from Operations: Increased by 7% year-on-year to ₹4,088.09 crore, compared to ₹3,822.53 crore in the same quarter last year.
  • Net Profit: The company’s net profit for the quarter rose to ₹431.09 crore, marking a 6% growth from ₹406.45 crore in Q2 FY24.

Year-to-Date (6 Months Ended September 2024):

  • Revenue: For the half-year ended September 2024, IGL reported a revenue of ₹7,979.56 crore, an increase from ₹7,584.38 crore in the corresponding period of the previous year.
  • Net Profit: Net profit for the half-year stood at ₹973.21 crore, up from ₹832.54 crore recorded in the first six months of FY24.

These results reflect IGL’s consistent growth trajectory, bolstered by increased operational efficiencies and a stable demand for its services. The company continues to focus on expanding its infrastructure and enhancing its service offerings to meet the rising energy needs