Indraprastha Gas reports 29% rise in Q4 net profit

27 May 2019

Indraprastha Gas (IGL) has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a rise of 29.06% in its net profit at Rs 225.50 crore for the quarter under review as compared to Rs 174.72 crore for the same quarter in the previous year. Total income of the company increased by 28.42% at Rs 1,752.40 crore for Q4FY19 as compared Rs 1,364.56 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 17.28% in its net profit at Rs 786.67 crore as compared to Rs 670.77 crore for the previous year. Total income of the company increased by 27.24% at Rs 6,508.02 crore for year under review as compared to Rs 5,114.95 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 16.68% in its net profit at Rs 842.10 crore as compared to Rs 721.72 crore for the previous year. Total income of the company increased by 27.13% at Rs 6,490.32 crore for year under review as compared to Rs 5,105.46 crore for year ended March 31, 2018.

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