BusinessPhoto: Hindu BusinessIGL Q2 Net Profit Falls 93% Due to High Gas Costs and Consumer Protection
Indraprastha Gas Ltd. (IGL) reported a 93% year-on-year drop in Q2 net profit to ₹24.38 crore, despite an 8% rise in sales volumes to 10.06 MMSCMD. Higher input gas costs squeezed margins, and the company absorbed global price volatility to protect consumers. CNG sales rose 9%, PNG sales increased 8%, and gross sales turnover jumped 35.4% to ₹5,999.13 crore.
Hindu Business·




