22 hours ago
Indraprastha Gas Ltd reported a muted Q1 with net profit, revenue and margins missing Street expectations.
Indraprastha Gas Ltd (IGL) reported a subdued set of numbers for the quarter ended June (Q1 FY26), with key metrics falling short of Street expectations.
The company’s standalone net profit stood at ₹356 crore, up 2% quarter-on-quarter from ₹349 crore, but lower than the CNBC-TV18 poll estimate of ₹380 crore.
Revenue came in at ₹3,914 crore, a marginal 0.2% dip from the previous quarter and trailing the Street estimate of ₹3,996 crore.
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EBITDA for the quarter stood at ₹511.6 crore, up 3.6% sequentially but below the expected ₹554 crore. EBITDA margin improved slightly to 13.1% from 12.6% in the previous quarter, though still below the projected 13.9%.
Ahead of the earnings announcement, shares of IGL closed 1.02% lower at ₹203.85 on the NSE.
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