Indraprastha Gas' Q1 FY 2025-26 Quarterly Results

Result Summary

• Indraprastha Gas Ltd reported a 8.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 11.4%.
• Its expenses for the quarter were up by 10.7% QoQ and 15.5% YoY.
• The net profit decreased 1.3% QoQ and decreased 10.9% YoY.
• The earnings per share (EPS) of Indraprastha Gas Ltd stood at 3.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Indraprastha Gas Ltd (IGL) is a leading player in the natural gas distribution sector in India. The company is primarily engaged in the retail distribution of compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, commercial, and industrial sectors. IGL operates in the National Capital Territory of Delhi and its adjoining areas. The company has been pivotal in promoting the use of clean energy and reducing vehicular emissions by advocating for the widespread adoption of CNG. As of the latest updates, there are no specific recent developments available for the company.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Indraprastha Gas Ltd reported a total income of ₹4003.40 crores. This represents an 8.9% increase compared to the previous quarter (Q4FY25), where the total income was ₹3676.68 crores, and an 11.4% increase year-over-year (YoY) from ₹3592.96 crores in Q1FY25. The steady growth in total income suggests a robust financial performance in terms of revenue generation over the past year.

Profitability

For the same quarter, the company’s Profit Before Tax (PBT) was ₹472.99 crores, reflecting a decline of 3.0% from the previous quarter’s PBT of ₹487.60 crores, and an 11.8% decrease compared to ₹536.02 crores in Q1FY25. The Profit After Tax (PAT) stood at ₹427.81 crores, which is 1.3% lower than the ₹433.29 crores recorded in Q4FY25 and 10.9% lower than the ₹480.22 crores in Q1FY25. These figures indicate a contraction in profitability, with tax expenses decreasing by 11.7% quarter-over-quarter and 12.2% YoY.

Operating Metrics

The operating expenses for Indraprastha Gas Ltd increased by 10.7% QoQ and 15.5% YoY, from ₹3189.08 crores in Q4FY25 and ₹3056.94 crores in Q1FY25 to ₹3530.41 crores in Q1FY26. Despite the rise in expenses, the earnings per share (EPS) saw a significant reduction, with a 50.0% decrease quarter-over-quarter and a 55.1% decline year-over-year, from ₹6.90 in Q1FY25 to ₹3.10 in Q1FY26. This substantial drop in EPS reflects the challenges in maintaining earnings for shareholders amidst rising costs.