Indraprastha Gas Profit Falls 44% To ₹237.9 Crore In Q1 FY27, Revenue Rises 17%
Mumbai: Indraprastha Gas Limited (IGL) reported a 44 percent year-on-year decline in consolidated net profit to Rs 237.9 crore for the quarter ended June 30, 2026, compared with Rs 427.8 crore in Q1 FY26. Revenue from operations, however, increased 16.6 percent YoY to Rs 5,043 crore from Rs 4,327 crore. Sequentially, profit declined 30 percent from Rs 338.8 crore in Q4 FY26, even as revenue…
Indraprastha Gas Limited (IGL) saw a 44 percent year-on-year decrease in profit for the quarter ended June 30, 2026, with consolidated net profit falling to Rs 237.9 crore, compared to Rs 427.8 crore in the same period last year. However, revenue from operations rose 16.6 percent year-over-year to Rs 5,043 crore, up from Rs 4,327 crore.
Sequentially, profit decreased 30 percent from Rs 338.8 crore in Q4 FY26, while revenue increased 10.0 percent from Rs 4,585 crore. Total income for the quarter grew by 16.5 percent year-on-year to Rs 5,145 crore, while total expenses increased 24 percent to Rs 4,890 crore. Profit before tax fell 43 percent year-over-year to Rs 311.7 crore, with tax expense at Rs 73.8 crore, down from Rs 120.0 crore in Q1 FY26.
Compared to Q4 FY26, revenue from operations increased 10.0 percent, and total income rose 9.8 percent. IGL's shares of profit from associates decreased to Rs 56.8 crore, down from Rs 74.8 crore in Q1 FY26. The company's subsidiary, IGL Genesis Technologies Limited, reported a loss after tax of Rs 5.09 crore. The chairman of IGL, Sukhmal Kumar Jain, took over amid a global gas crisis. No full-year FY27 figures were provided in the Q1 FY27 filing.
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