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

28 Jan 2025 CW Team

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

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..