Indraprastha Gas shares surge 3% as Q4 net profit jumps 22% to Rs 349.2 crore
Indraprastha Gas Ltd. (IGL) shares rose 3% following the announcement of a strong financial performance for the quarter ended March 31, 2025. As of 10:12 AM, the shares were trading 3.25% higher at Rs 183.99.
The company reported a 22.2% increase in its standalone net profit, which reached Rs 349.2 crore, surpassing analyst estimates of Rs 330 crore, as tracked by Bloomberg. This marks a significant improvement from the Rs 285.8 crore net profit reported in the previous quarter, ending Dec. 31, 2024.
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IGL's standalone revenue for the quarter stood at Rs 3,950 crore, reflecting a 5.1% sequential growth from the previous quarter's Rs 3,759 crore, surpassing the Bloomberg estimate of Rs 3,863 crore. The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) surged 37.6%, totalling Rs 497.2 crore compared to Rs 363.6 crore in Q3 FY25. This resulted in an EBITDA margin of 12.6%, an improvement from 9.6% in the December quarter.
The company's performance exceeded expectations, with a rise in adjusted EBITDA margin to Rs 4.64 per standard cubic meter (SCM) from Rs 4.3 per SCM in the previous quarter.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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