+
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

APCRDA Approves Rs 9.04 Bn to Upgrade Infrastructure in 29 Amaravati Villages

The Andhra Pradesh Capital Region Development Authority (APCRDA), chaired by Chief Minister N Chandrababu Naidu, has approved Rs 9.04 billion for addressing key infrastructure gaps in 29 villages within Amaravati’s greenfield capital area, announced Municipal Administration Minister P. Narayana at the 51st CRDA meeting.The funds will be used to upgrade critical facilities including roads, drains, drinking water supply, sewerage systems, and street lighting. A detailed assessment revealed a 30 per cent shortfall in water supply, a total absence of sewerage infrastructure, a 40 per cent defici..

Next Story
Infrastructure Transport

Cabinet Approves Phase-1B of Lucknow Metro Rail Project Worth Rs 58.01 Bn

The Union Cabinet, led by Prime Minister Narendra Modi, has approved Phase-1B of the Lucknow Metro Rail Project in Uttar Pradesh. This phase covers an 11.165 km corridor with 12 stations—7 underground and 5 elevated—extending the city’s metro network to 34 km upon completion.Phase-1B targets the dense, historic parts of Lucknow, enhancing connectivity across key commercial, healthcare, tourist, and culinary hubs. Important areas served include Aminabad, Yahiyaganj, Pandeyganj, Chowk, King George’s Medical University, and landmarks like Bara Imambara and Rumi Darwaza.This expansion prom..

Next Story
Infrastructure Transport

Major Upgrades Planned for Tamil Nadu’s National Waterways

Tamil Nadu is poised for significant infrastructure upgrades across its National Waterways (NWs), with a focus on developing jetties, cargo hubs, and cruise tourism circuits, according to the Ministry of Ports, Shipping and Waterways. These projects aim to promote sustainable inland water transport and boost regional economic activity.Key projects include the development of Buckingham Canal (part of NW-4), with jetties planned at the following locations:Mahabalipuram to Ediyur BridgeCooum River near Marina BeachPulicat LakeEnnore Port to ETPS, specifically for cargo operationsOther National Wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?