Indraprastha Gas Q2 net profit plunges 93% YoY
Mumbai, Oct. 31 -- Standalone revenue from operations increased 27% year on year to Rs 5,116.23 crore from Rs 4,023.33 crore. Gross revenue from operations rose 26% to Rs 5,613.62 crore from Rs 4,445.89 crore.
EBITDA turned negative at Rs 31.11 crore in Q2 FY27, compared with positive EBITDA of Rs 442.83 crore a year earlier. EBITDA margin stood at -1%, against 11% in Q2 FY26.
The company recorded total sales of Rs 5,101.74 crore, up 27% from Rs 4,009.07 crore. CNG sales revenue increased 17% year on year to Rs 3,521.84 crore, while PNG sales revenue rose 56% to Rs 1,578.20 crore. LNG sales revenue increased 59% to Rs 1.70 crore.
Total sales volume increased 8% year on year to 925.59 million standard cubic metres (million scm). CNG vol...
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