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Indraprastha Gas reports growth of 28% in its total sale for Q3FY19

07 Feb 2019 Evaluate

Indraprastha Gas has reported a growth of 28% in its total sale at Rs 1661 crore for Q3FY19 as compare to Rs 1294 crore for same quarter in previous year. Total sale on CNG increased 26% at Rs 1248 crore and PNG sale also increased 35% at Rs 413 crore for Q3FY19.

IGL is engaged in distribution of CNG and PNG in Delhi. IGL laid the network for the distribution of natural gas in the National Capital of Delhi to consumers in the domestic, transport, and commercial sectors.

Peers
Company Name CMP
GAIL (India) 172.00
Gujarat Energy 245.30
Indraprastha Gas 149.40
Mahanagar Gas 1083.60
Adani Total Gas 660.65
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