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IGL reports 11% rise in Q2 net profit

Indraprastha Gas (IGL) has reported results for second quarter ended September 30, 2018.

The company has reported 10.90% rise in its net profit at Rs 187.28 crore for the quarter under review as compared to Rs 168.87 crore for the same quarter in the previous year. Total income of the company increased by 27.51% at Rs 1,601.90 crore for Q2FY19 as compared Rs 1,256.32 crore for the corresponding quarter previous year.

IGL is engaged in distribution of CNG and PNG in Delhi. IGL laid the network for the distribution of natural gas in the National Capital of Delhi to consumers in the domestic, transport, and commercial sectors.

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