New Delh, Sept. 24 -- Indraprastha Gas Ltd (IGL) reported record sales volumes in FY26, adding more than 3.7 lakh domestic piped natural gas (PNG) connections and 70 compressed natural gas (CNG) stations.
The company achieved record sales of 9.39 million standard cubic metres per day (mmscmd) during the year, Chairman Subhankar Sen told shareholders at IGL's 27th annual general meeting on Thursday.
IGL's gross turnover stood at Rs 17,785 crore in 2025-26, while profit after tax (PAT) was Rs 1,364 crore. Its net worth was Rs 9,987 crore as of March 31, 2026. Consolidated PAT, including contributions from associates Central UP Gas Ltd (CUGL) and Maharashtra Natural Gas Ltd (MNGL), was Rs 1,543 crore.
The 70 new CNG stations took IGL's total network to 1,024 stations. The company also expanded its commercial and industrial customer base.
IGL is exploring renewable energy to replace conventional grid power and reduce carbon emissions. It has signed a joint venture agreement with Rajasthan Vidyut Utpadan Nigam Ltd (RVUNL) for a 500 MWp greenfield solar power plant and floated a tender for a 200 MW solar plant in Rajasthan.
The company is also exploring the GOBARdhan initiative and acquisitions of stakes in existing city gas distribution companies.
As part of backward integration, IGL Genesis Technologies Ltd, a gas-meter manufacturing joint venture, has commenced commercial production.
IGL conducted more than 575 safety camps during the year. Its board recommended a final dividend of 75 per cent, or Rs 1.50/share, in addition to an interim dividend of 162.5 per cent, or Rs 3.25/share.
Published by HT Digital Content Services with permission from Millennium Post.