Revenue stood at ₹4,162.6 crore, higher than the poll estimate of ₹4,030 crore, while EBITDA at ₹422.9 crore, also beat the ₹409 crore estimated by the poll. The EBITDA margin was at 10.2%, lower than the estimated 13.3%.
On a sequential basis, net profit declined 22.7% to ₹277.1 crore from ₹358 crore in the previous quarter.
Revenue rose 2.1% quarter-on-quarter to ₹4,162.6 crore compared with ₹4,067 crore, while EBITDA fell 10.5% to ₹422.9 crore from ₹472 crore. The EBITDA margin declined to 10.2% from 11.6%.
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Indraprastha Gas reported a 4% year-on-year growth in overall sales volume for FY2025–26 compared with the previous financial year. CNG sales volume rose 4%, while within the PNG segment, domestic PNG increased 9%, and industrial and commercial PNG grew 5%. The average daily gas sale for the year increased to 9.39 mmscmd in FY26 from 8.99 mmscmd in the previous year.
For the quarter ended March 2026, the company reported a 6% year-on-year growth in overall sales volume compared with the corresponding quarter of the previous fiscal. Average daily sales rose to 9.69 mmscmd from 9.18 mmscmd in the same quarter last year.
During the quarter, CNG volume grew 5% year-on-year, while PNG volume increased 6%. Gross sales value for the quarter stood at ₹4,571.49 crore compared with ₹4,322.71 crore in the corresponding quarter of the previous year, reflecting a 6% increase.
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The board recommended a final dividend of 75%, equivalent to ₹1.50 per equity share of face value ₹2, for FY25–26, subject to shareholder approval at the ensuing annual general meeting.
The board of directors has designated Manjeet Singh Gulati, Vice President (Finance), as chief financial officer with effect from May 21, 2026. Sanjay Kumar will cease to be CFO from the same date.
Shares of Indraprastha Gas Limited ended at ₹152, down by ₹0.15, or 0.099%, on the BSE today, May 18.
