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Indraprastha Gas reports 8% rise in Q1 consolidated net profit

24 Jul 2023 Evaluate

Indraprastha Gas has reported results for first quarter ended June 30, 2023 (Q1FY24). 

Indraprastha Gas has reported 4.17% rise in its net profit at Rs 438.40 crore for the quarter under review as compared to Rs 420.86 crore for the same quarter in the previous year. Total income of the company increased by 6.92% at Rs 3,807.51 crore for Q1FY24 as compared Rs 3,561.08 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 8.47% rise in net profit at Rs 521.99 crore for the quarter ended June 30, 2023 as compared to Rs 481.24 crore for the same quarter in the previous year. Total income of the company increased by 6.92% at Rs 3,807.51 crore for Q1FY24 as compared Rs 3,561.08 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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