Indraprastha Gas reported a 25.17% decline in consolidated net profit to ₹340.54 crore for Q4 FY26, compared to the same period in the previous year. Despite the profit decline, the company achieved an 5.69% increase in total net revenue from operations to ₹4,584.58 crore during the quarter. According to reports from Business Standard, profit before tax also decreased by 21.60% to ₹446.60 crore from ₹569.70 crore in Q4 FY25.
Total volumes increased by 4% to 3,427.21 million Scm in Q4 FY26, up from 3,280.87 million Scm in Q4 FY25. As reported by Business Standard, CNG volumes grew by 4% year-on-year to 2,532.28 million Scm, while LNG volumes declined significantly by 64% to 0.66 million Scm. PNG volumes also showed positive growth of 5% to 894.27 million Scm during the quarter.
The board recommended a final dividend of 75%, equivalent to ₹1.50 per equity share of face value ₹2 each for financial year 2025-26. According to Business Standard, the company also announced a significant leadership change with Manjeet Singh Gulati, Vice President (Finance), being designated as the new Chief Financial Officer effective May 21, 2026. Sanjay Kumar will cease to be the CFO from the same date.
Despite the profit decline, Indraprastha Gas shares gained 3.99% to trade at ₹157.75 on the BSE following the results announcement. As reported by Business Standard, the company is engaged in the marketing and distribution of compressed natural gas (CNG) and piped natural gas (PNG) within the National Capital Territory of Delhi.
