Indraprastha Gas Limited has announced its standalone financial results for the quarter and half-year ended September 30, 2026. The company reported a standalone net profit after tax of ₹24.38 crore for the quarter, a significant decrease of 93% compared to the previous year. Total comprehensive income for the quarter also saw a similar decline of 93%.
Indraprastha Gas Reports Standalone Financial Results
Indraprastha Gas Limited (IGL) has released its unaudited standalone financial results for the quarter and six months ended September 30, 2026. The Board of Directors approved these results on October 30, 2026. The financial statements were prepared in accordance with Indian Accounting Standards (Ind-AS).
Quarterly Performance Highlights
For the quarter ended September 30, 2026, IGL reported a net profit after tax of ₹24.38 crore. This represents a substantial decrease of 93% compared to the net profit of ₹372.51 crore recorded in the corresponding quarter of the previous year. Total comprehensive income for the quarter also declined by 93% to ₹24.80 crore.
Six Months Performance Highlights
During the six-month period ended September 30, 2026, the standalone net profit after tax stood at ₹210.56 crore. This is a decrease of 71% compared to ₹728.45 crore reported for the same period last year. Total comprehensive income for the six months decreased by 71% to ₹210.03 crore.
Key Financial Indicators
The company’s Revenue from Operations for the quarter was ₹5,613.62 crore, an increase of 26% compared to ₹4,445.89 crore in the previous year’s quarter. However, EBIDTA for the quarter was -₹31.11 crore, a significant shift from ₹442.83 crore in the prior year, with the EBIDTA margin falling to -1% from 11%.
Consolidated Financial Overview
On a consolidated basis, for the quarter ended September 30, 2026, the Group reported a net profit after tax of ₹23.75 crore, down 93% from ₹384.95 crore in the prior year. The consolidated total comprehensive income stood at ₹24.17 crore.
For the six months ended September 30, 2026, the consolidated net profit after tax was ₹210.56 crore, a decrease of 71% from ₹728.45 crore in the previous year. The consolidated total comprehensive income for the period was ₹210.03 crore.
Subsidiary and Associates
The consolidated results include the share of net profit of subsidiary IGL Genesis Technologies Limited and associates Maharashtra Natural Gas Limited and Central U.P. Gas Limited. The report notes that the financial statements of the subsidiary were not reviewed by another auditor. The company has also highlighted a contingent liability related to an increase in license fees demanded by the Delhi Development Authority (DDA).
Source: BSE
