Indraprastha Gas reports 25% rise in Q3 net profit

11 Feb 2013 Evaluate

Indraprastha Gas has reported results for third quarter ended December 31, 2012.

The company has reported 24.84% rise in its net profit at Rs 86.33 crore for the quarter as compared to Rs 69.15 crore for the same quarter in the previous year.  Total income of the company has increased by 31.21% at Rs 872.04 crore for quarter under review as compared to Rs 664.61 crore for the quarter ended December 31, 2011.

Indraprastha Gas (IGL), incorporated in 1998, is engaged in distribution of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Delhi. In 1999 the company took over Delhi City Gas Distribution Project from GAIL (India). 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.

Indraprastha Gas Share Price

439.15 -5.80 (-1.30%)
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Company Name CMP
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Indraprastha Gas 439.15
Mahanagar Gas 1288.50
Adani Total Gas 921.95
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