Indraprastha Gas will hold a meeting of the Board of Directors of the Company on 7 May 2024.Powered by Capital Market - Live News

Indraprastha Gas (IGL) has signed Memorandum of Understanding (MOU) with two technology partners during India Energy Week 2024 to establish Compressed Biogas (CBG) plants across four states: Delhi, Haryana, Rajasthan, and Uttar Pradesh. Additionally, IGL has already empaneled two other partners for the same purpose. The biogas produced from these 19 plants shall be fed into IGL`s City Gas Distribution network. This partnership aims to produce 0.45 MMSCMD (Million Metric Standard Cubic Meters per Day) of biogas from waste, equivalent to approximately 5% of IGL`s daily requirements.Powered by Capital Market - Live News

Net profit of Indraprastha Gas rose 42.67% to Rs 476.62 crore in the quarter ended December 2023 as against Rs 334.06 crore during the previous quarter ended December 2022. Sales declined 4.17% to Rs 3556.19 crore in the quarter ended December 2023 as against Rs 3710.81 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales3556.193710.81 -4 OPM %15.8111.55 - PBDT700.88537.40 30 PBT598.97444.91 35 NP476.62334.06 43 Powered by Capital Market - Live News

Indraprastha Gas will hold a meeting of the Board of Directors of the Company on 25 January 2024.Powered by Capital Market - Live News

Indraprastha Gas announced that the Board of Directors of the Company at its meeting held on 1 November 2023, inter alia, have recommended the interim dividend of Rs 4 per equity Share (i.e. 200%) , subject to the approval of the shareholders.Powered by Capital Market - Live News