Indraprastha Gas Limited (IGL) reported a mixed performance in its Q4 results, with revenue witnessing slight growth while profit and operating margins declined on a quarter-on-quarter (QoQ) basis.
The company posted a net profit of ₹277.1 crore in the fourth quarter, down 22.7% from ₹358 crore reported in the previous quarter. Revenue from operations rose 2.1% to ₹4,162.6 crore compared to ₹4,067 crore in the previous quarter.
IGL’s EBITDA stood at ₹422.9 crore during the quarter, registering a decline of 10.5% against ₹472 crore reported in the previous quarter. The company’s EBITDA margin also slipped to 10.2% from 11.6% QoQ, reflecting pressure on operational profitability.
Investors are expected to closely monitor the company’s operational performance and future growth outlook following the latest quarterly earnings announcement.
Shares of Indraprastha Gas Limited are likely to remain in focus in the upcoming trading sessions after the Q4 earnings report.