Further, Sukhmal Kumar Jain ceased to be the chairman of the company effective from 14 January 2022 but continue to be a director of IGL.

Indraprastha Gas is a natural gas distribution company. It supplies natural gas as cooking and vehicular fuel.

The company reported 4% rise in consolidated net profit to Rs 416.15 crore on a 94% jump in net revenue from operations to Rs 3,554.01 crore in Q2 FY23 over Q2 FY22.

The scrip closed 0.50% lower at Rs 416.50 on Friday, 13 January 2023.