Indraprastha Gas532514City gas distribution
IGL posted a sharp earnings collapse with an Ebitda loss as gas procurement costs surged and were not passed on to consumers
By ScoutQuest · · 1 min read
- Revenue growth
- 11 percent
- Ebitda loss
- 31 crore rupees
- Net profit decline sequential
- 89 percent
- Gas cost as share of revenue
- 83 percent
Heard on business television between 08:19:02 - 08:22:02 IST.
- Revenue up 11% at Rs 5,118 crore but Ebitda loss of Rs 31 crore versus profit of Rs 293 crore quarter-on-quarter
- Net profit sequentially down 89% at Rs 25.9 crore versus Rs 240 crore, aided only by one-off items below Ebitda
- Higher natural gas procurement costs not fully passed to consumers drove the margin collapse
- Gas cost rose to 83% of revenue versus 70% a year earlier and 76% in Q1
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Source: Live TV News Channel · 2 Nov 2026
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