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02-Nov-2023

Indraprastha Gas

Sales volume increase 3% in H1FY24


'Consolidated net sales (including other operating income) of Indraprastha Gas has declined 2.69% to Rs 3458.51 crore.  Operating profit margin has jumped from 14.84% to 18.99%, leading to 24.53% rise in operating profit to Rs 656.94 crore.  Purchase of finished goods cost fell from 73.42% to 68.83%.   Employee cost increased from 1.40% to 1.49%.   Other expenses rose from 10.34% to 10.69%.  

Other income rose 20.95% to Rs 61.67 crore.  PBIDT rose 24.22% to Rs 718.61 crore.  Provision for interest fell 20.13% to Rs 2.46 crore.  

PBDT rose 24.45% to Rs 716.15 crore.  Provision for depreciation rose 11.81% to Rs 102.23 crore. 

Profit before tax grew 26.84% to Rs 613.92 cro...



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