Hot Pursuit     10-Aug-22
Indraprastha Gas gains after Q1 PAT rises 72% YoY; gas volumes up 48% YoY
Indraprastha Gas rose 2.19% to Rs 366.55 after the company reported 72% jump in consolidated net profit to Rs 420.86 crore on a 155% rise in net revenue from operations to Rs 3,193.85 crore in Q1 FY23 over Q1 FY22.

EBIDTA improved by 62% to Rs 617.51 crore in Q1 FY23 from Rs 380.86 crore in Q1 FY22. EBIDTA margin was 19% in Q1 FY23 as against 30% in Q1 FY22.

Total volumes jumped by 48% to 717.84 million in Q1 FY23 from 483.77 million in Q1 FY22. CNG sales volume stood at 539.80 SCM million (up 63% YoY) while total PNG sales volume aggregated to 178.04 SCM million (up 17% YoY) during the period under review.

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

Previous News
  Indraprastha Gas fixes record date for interim dividend
 ( Market Beat - Reports 01-Nov-23   18:03 )
  Indraprastha Gas
 ( Results - Analysis 24-Jul-23   17:11 )
  Indraprastha Gas consolidated net profit rises 10.04% in the September 2021 quarter
 ( Results - Announcements 09-Nov-21   18:11 )
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 ( Corporate News - 30-Apr-24   18:49 )
  Board of Indraprastha Gas recommends Final Dividend
 ( Corporate News - 19-May-22   10:16 )
  IGL inks MoU to establish 19 CBG plants across three states & one union territory
 ( Hot Pursuit - 08-Feb-24   09:40 )
  Indraprastha Gas receives affirmation in credit ratings
 ( Corporate News - 13-Sep-22   18:09 )
  Indraprastha Gas announces change in Managing Director
 ( Corporate News - 26-Mar-22   14:28 )
  Indraprastha Gas slips after weak Q1 result
 ( Hot Pursuit - 27-Aug-20   09:17 )
  Indraprastha Gas hits 52-week low; drops 8% in six days
 ( Hot Pursuit - 21-Jan-22   12:22 )
  Indraprastha Gas consolidated net profit rises 101.25% in the September 2019 quarter
 ( Results - Announcements 08-Nov-19   10:00 )
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