Indraprastha Gas Q1 Results: Profit Up 2%, Revenue Falls
Margin expanded to 13.1% versus 12.5% in the previous quarter.
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Indraprastha Gas Ltd.'s net profit rose 2% in the quarter ended June, according to an exchange on Wednesday.
The company had posted a bottom line of Rs 356 crore compared to Rs 349 crore in the previous quarter.
IGL Q1 FY26 Highlights (Standalone, QoQ)
Revenue down 0.8% to Rs 3,913.85 crore versus Rs 3,947.37 crore.
Net profit up 2% to Rs 355.94 crore versus Rs 349.23 crore.
Ebitda up 4% to Rs 511.75 crore versus Rs 494.03 crore.
Margin at 13.1% versus 12.5%.
Shares of Indraprastha Gas closed 1.02% lower at Rs 203 apiece on the National Stock Exchange before the announcement, compared to a 0.14% rise in the benchmark Nifty. The stock has fallen 26.58% in the last 12 months and 2.24% on a year-to-date basis.
Out of 31 analysts tracking the company, 18 have a 'buy' rating on the stock, five recommend 'hold' and eight suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 4.6%.
