IGL

Indraprastha Gas Limited (IGL) reported a 25% year-on-year increase in net profit for Q3, driven by robust sales growth and improved operational margins. Revenue growth was supported by higher distribution volumes in compressed natural gas (CNG) and piped natural gas (PNG) segments, coupled with effective cost management. Analysts note that favorable pricing trends, efficient supply chain operations, and disciplined financial management contributed to the strong earnings performance.

Indraprastha Gas Ltd. (IGL) has announced a reduction in piped natural gas (PNG) prices for consumers across the Delhi-NCR region, delivering timely relief amid persistent household cost pressures. The revision reflects softer input costs and improved supply dynamics, allowing the city gas distributor to pass on benefits to end users. The price cut is expected to support domestic consumption, improve affordability for urban households and reinforce natural gas as a cleaner alternative to conventional fuels.