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Indraprastha Gas reports 35% rise in Q3 consolidated net profit

07 Feb 2020 Evaluate

Indraprastha Gas has reported results for third quarter ended December 31, 2019.

The company has reported 43.37% rise in its net profit at Rs 283.85 crore for the quarter under review as compared to Rs 197.99 crore for the same quarter in the previous year. Total income of the company increased by 10.73% at Rs 1888.15 crore for Q3FY20 as compared Rs 1705.13 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 34.84% in its net profit at Rs 297.37 crore for the quarter under review as compared to Rs 220.54 crore for the same quarter in the previous year. Total income of the company increased by 10.25% at Rs 1874.95 crore for Q3FY20 as compared Rs 1700.63 crore for the corresponding quarter previous year.


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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