SOURCE : NEW18 NEWS
Last Updated:April 28, 2025, 10:02 IST
Indraprastha Gas shares are in focus after a 9% Q4FY25 net profit drop to Rs 349.23 crore. Revenue rose 10% to Rs 3,950.57 crore.
IGL shares are in focus on Monday.
IGL Share Price: Indraprastha Gas Limited’s (IGL’s) shares gained 3 per cent in the morning session on Monday after the gas supplier reported that its net profit declined 9 per cent year-on-year for Q4FY25 to Rs 349.23 crore, from Rs 382.80 crore in the corresponding quarter of the previous fiscal year 2024-25.
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IGL board also recommended a final dividend at the rate of 75 per cent or Rs 1.5 per share for the financial year 2024-25, subject to the approval of shareholders in the ensuing Annual General Meeting.
The scrip was trading at at Rs 183.80 apiece with a gain of 3.14 per cent, from the previous close at Rs 178.20 apiece.
IGL Q4FY25 Performance
IGL’s revenue from operations stood at Rs 3,950.57 crore in Q4 FY25, reflecting a gain of 10 per cent from Rs 3,596.79 crore in Q4 FY24.
On the EBITDA front, it saw a decline of 5 per cent to Rs 497.23 crore in Q4 FY25, against Rs 522.55 crore in Q4 FY24.
Overall sales volume grew about 4% in the quarter, showing steady operational performance.
On previous session, IGL shares closed at Rs 178.20 per share with a fall of 3.91 per cent on BSE. The stock’s 52-week movement indicates a high of Rs 285.30 and a low of Rs 153.25.
Incorporated in 1998, IGL took over Delhi City Gas Distribution Project in 1999 from GAIL (India) Limited (Formerly Gas Authority of India Limited). IGL primarily focuses on providing Compressed Natural Gas (CNG) for vehicles and Piped Natural Gas (PNG) for domestic, commercial, and industrial use.
