INDRAPRASTHA GAS (IGL)
Active threads
IGL shares fall 10% as Q2 net profit drops 93.5%
Indraprastha Gas shares hit a 52-week low of ₹125.65, slipping 10% intraday on the BSE, after standalone net profit for Q2FY27 fell 93.5% year-on-year to ₹24.38 crore. Surging operational expenses wiped out quarterly operating profit, swinging EBITDA to a loss even as sales volumes and revenue posted steady gains.
IGL Q2 profit plunges 93% as gas costs erode margins
Indraprastha Gas Ltd (IGL) reported a 93.5% decline in net profit to 24.38 crore in the second quarter due to increased gas costs, despite a 1.21% increase in average daily gas sales. The company's gross sales turnover rose to 5,999.13 crore.
Seven Firms Set Thursday Record Date for Dividends and Bonus
Seven companies, including IGL and Natco Pharma, have set Thursday as the record date for dividends and bonus issues. Today marks the last day to buy shares to qualify for these corporate actions, with two microcap stocks also in focus for bonus rewards. Investors holding shares by the record date will be eligible for payouts or additional shares.
IGL logs record gas sales of 9.39 MSCMD in FY26
State-run Indraprastha Gas (IGL) on Thursday said that it achieved a record gas sales volume of 9.39 million standard cubic meters per day (MSCMD) in FY26 with cumulative volume hitting 3,427.21 million standard cubic meters (MSCM). Besides, the country’s largest CNG distribution company also achieved its highest ever average CNG sales of 50 lakh kg per day as well as the highest ever industrial sales of 1 MSCMD in the last financial year.
IndiGo shares jump 4% as Q2 loss narrows, analysts split on recovery
IndiGo shares rose as much as 4% after the airline's Q2 loss narrowed, with Nomura and HSBC raising price targets on pricing power and margin strength. However, other analysts cautioned that the earnings outlook remains weak, leaving consensus divided on the pace of recovery. The stock is holding gains despite the loss, reflecting investor focus on improving unit economics over near-term profitability.
Intelligence feed
No articles in the last 24 hours.