Comments
Indraprastha Gas Ltd (IGL) has reported a net profit of Rs 175.33 crore for the fourth quarter of financial year 2017-2018. This is 31 per cent higher than Rs 133.5 crore bottomline reported for the comparable quarter ended March 2017.
During the period, IGL has registered a gross turnover of Rs 1,347 crore compared with Rs 1,100 crore in the corresponding period of the financial year 2016-2017, showing a growth of 22 per cent.
There has been a 11 per cent overall sales volume growth. CNG sales volume jumped 10 per cent and PNG sales volume 15 per cent.
For the financial year 2017-2018, the company’s gross turnover has grown to Rs 5,053 crore from Rs 4,206 crore. Net profit has shown a growth of 18 per cent to Rs 671 crore from Rs 570 crore on higher volumes.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.