Indraprastha Gas Reports Quarterly Results: Revenue Rises While Profitability Declines in Standalone and Consolidated Segments

Indraprastha Gas Reports Quarterly Results: Revenue Rises While Profitability Declines in Standalone and Consolidated Segments​

Indraprastha Gas Limited (IGL), a joint venture of GAIL, BPCL, and the Government of NCT Delhi, has released its unaudited financial results for the quarter ending June 30, 2026. The company reported growth in revenue across both standalone and consolidated statements, although profit metrics saw significant declines compared to the corresponding period last year.

The Company's performance reflects a mixed operational outcome, with improved top-line figures contrasting sharply with reduced net profits.

Standalone Financial Performance Snapshot​

For the quarter ended June 30, 2026, IGL reported a substantial increase in Revenue from Operations. The company's total income stood at 5,143.29 crores, up from 4,416.67 crores in the same period of the previous financial year. However, the Profit for the Period saw a drop to 186.18 crores, compared to 355.94 crores previously.

The standalone results are detailed below:

Consolidated Results and Associate Contributions​

On a consolidated level, Indraprastha Gas Limited reported total income of 5,145.36 crores for the quarter ending June 30, 2026. The Profit for the Period Attributable to Equity holders of the Parent company was 237.92 crores, down from 427.81 crores in the previous year.

The consolidated results are summarized as follows:

Investments and Associate Companies​

The company maintains a significant stake in various entities, including IGL Genesis Technologies Limited, which was incorporated on June 15, 2023, with the primary objective of manufacturing, supply, selling, and distribution of gas and other meters.

Regarding subsidiary activities, investment in IGL Genesis Technologies Limited stood at 34.46 crores as at June 30, 2026, remaining unchanged from the previous year. Furthermore, the company advanced a Secured Loan amounting to 6.42 crores during the quarter to the subsidiary (compared to 12.75 crores in the preceding year). The total loan advances by the company to the subsidiary as of June 30, 2026, amounted to 34.46 crores.

The consolidated results incorporate the performance of two associate companies: Maharashtra Natural Gas Limited and Central U.P. Gas Limited (both held with a 50% equity stake). The share of total comprehensive income from these two associates was reported at 56.83 crores for the quarter ended June 30, 2026, down from 74.77 crores in the previous year.

IGL Stock Price Movement​

Indraprastha Gas Limited shares settled today after slipping by 0.87% to close at ₹153.20 per share. The stock saw a total traded volume of approximately 1.40 million shares during the session.