Indraprastha Gas announced the appointment of Prof. Dr. Simrit Kaur as an Additional and Independent Director of the Company with effect from 15 May 2024. Powered by Capital Market - Live News

Net profit of Indraprastha Gas rose 9.13% to Rs 433.79 crore in the quarter ended March 2024 as against Rs 397.51 crore during the previous quarter ended March 2023. Sales declined 2.31% to Rs 3596.79 crore in the quarter ended March 2024 as against Rs 3681.99 crore during the previous quarter ended March 2023.For the full year,net profit rose 21.07% to Rs 1985.07 crore in the year ended March 2024 as against Rs 1639.65 crore during the previous year ended March 2023. Sales declined 0.94% to Rs 14000.02 crore in the year ended March 2024 as against Rs 14132.63 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales3596.793681.99 -2 14000.0214132.63 -1 OPM %14.4912.52 -16.8814.33 - PBDT680.01596.93 14 2956.462485.73 19 PBT569.12503.16 13 2542.502122.37 20 NP433.79397.51 9 1985.071639.65 21 Powered by Capital Market - Live News

Indraprastha Gas announced that the Board of Directors of the Company at its meeting held on 7 May 2024, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 250%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Indraprastha Gas will hold a meeting of the Board of Directors of the Company on 7 May 2024.Powered by Capital Market - Live News

Indraprastha Gas (IGL) has signed Memorandum of Understanding (MOU) with two technology partners during India Energy Week 2024 to establish Compressed Biogas (CBG) plants across four states: Delhi, Haryana, Rajasthan, and Uttar Pradesh. Additionally, IGL has already empaneled two other partners for the same purpose. The biogas produced from these 19 plants shall be fed into IGL`s City Gas Distribution network. This partnership aims to produce 0.45 MMSCMD (Million Metric Standard Cubic Meters per Day) of biogas from waste, equivalent to approximately 5% of IGL`s daily requirements.Powered by Capital Market - Live News