IGL rallies as board to consider bonus issue on Dec 10

05 Dec 2024

IGL rallies as board to consider bonus issue on Dec 10

The bonus issue proposal is subject to the shareholders' approval.

Indraprastha Gas is a natural gas distribution company. It supplies natural gas as cooking and vehicular fuel.

The company's consolidated net profit declined 17.69% to Rs 454.88 crore in Q2 FY25 as compared with Rs 552.67 crore in Q2 FY24. However, revenue from operations (excl. excise duty) rose 6.91% YoY to Rs 3,697.6 crore in Q2 FY25.

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