+
IGL Reports Rs 2.85 Billion Profit in Q3 FY25, Sales up 7%
ECONOMY & POLICY

IGL Reports Rs 2.85 Billion Profit in Q3 FY25, Sales up 7%

Indraprastha Gas (IGL), India’s largest CNG distribution company, reported a 7 per cent increase in overall sales volume for the third quarter of FY25, ending December 2024. The company’s average daily sales grew from 8.48 million metric standard cubic meters per day (mmscmd) in Q3 FY24 to 9.11 mmscmd in Q3 FY25.

Sales of PNG saw a 12 per cent rise, while CNG sales grew by 6% compared to the same quarter last year. The total gross sales value for the quarter was Rs 41.30 billion, marking a 6 per cent increase from Rs 39.06 billion in Q3 FY24.

The company’s net profit for the quarter was Rs 2.85 billion, a decline from Rs 3.92 billion in the same period last year. These figures are standalone and exclude profits from associate companies.

IGL operates a city gas distribution network across 30 districts in Delhi, Uttar Pradesh, Haryana, and Rajasthan, with over 20,000 km of pipeline infrastructure. The company serves more than 1.9 million vehicles through 890 CNG stations and has connected over 2.5 million households with PNG in these regions. News source: ET Energy

Indraprastha Gas (IGL), India’s largest CNG distribution company, reported a 7 per cent increase in overall sales volume for the third quarter of FY25, ending December 2024. The company’s average daily sales grew from 8.48 million metric standard cubic meters per day (mmscmd) in Q3 FY24 to 9.11 mmscmd in Q3 FY25. Sales of PNG saw a 12 per cent rise, while CNG sales grew by 6% compared to the same quarter last year. The total gross sales value for the quarter was Rs 41.30 billion, marking a 6 per cent increase from Rs 39.06 billion in Q3 FY24. The company’s net profit for the quarter was Rs 2.85 billion, a decline from Rs 3.92 billion in the same period last year. These figures are standalone and exclude profits from associate companies. IGL operates a city gas distribution network across 30 districts in Delhi, Uttar Pradesh, Haryana, and Rajasthan, with over 20,000 km of pipeline infrastructure. The company serves more than 1.9 million vehicles through 890 CNG stations and has connected over 2.5 million households with PNG in these regions. News source: ET Energy

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?