Indraprastha Gas trade jubilantly on reporting 17% jump in Q4 net profit

Indraprastha Gas is currently trading at Rs. 213.10, up by 5.60 points or 2.70% from its previous closing of Rs. 207.50 on the BSE.

The scrip opened at Rs. 209.55 and has touched a high and low of Rs. 214.00 and Rs. 209.55 respectively. So far 56592 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 453.25 on 07-Sep-2011 and a 52 week low of Rs. 170.00 on 10-Apr-2012.

Last one week high and low of the scrip stood at Rs. 216.50 and Rs. 206.00 respectively. The current market cap of the company is Rs. 2905.00 crore.

The promoters holding in the company stood at 45.00 % while Institutions and Non-Institutions held 39.76 % and 15.24 % respectively.

Indraprastha Gas has registered a rise of 16.72% in its net profit at Rs 80.76 crore for the fourth quarter ended March 31, 2012 as compared to Rs 69.16 crore for the same quarter in the previous year. Total income has increased by 41.32% at Rs 723.00 crore for quarter under review as compared Rs 511.59 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012, the company has posted a rise of 18.26% in its net profit at Rs 307.20 crore for the year ended March 31, 2012 as compared to Rs 259.77 crore for the same period in the previous year. Total income has increased by 44.01% at Rs 2525.35 crore for year under review as compared to Rs 1753.55 crore for the period ended March 31, 2011.