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25-Jan-2024

Indraprastha Gas

Sales volume increase 4% in 9MFY24


'Indraprastha Gas consolidated netsales declined 4.17% to Rs 3556.19 crore during Q3FY24 compared to Q3FY23.Operating profit margin has jumped from 11.55% to 15.81%, leading to 31.24% rise in operating profit to Rs 562.33 crore.  Purchase of finished goods cost fell from 77.17% to 71.60%.   Employee cost increased from 1.18% to 1.66%.   Other expenses rose from 10.10% to 10.93%.  

Other income fell 2.10% to Rs 54.57 crore.  PBIDT rose 27.40% to Rs 616.9 crore.  Provision for interest fell 32.18% to Rs 1.77 crore. 

PBDT rose 27.73% to Rs 615.13 crore.  Provision for depreciation rose 10.18% to Rs 101.91 crore. 

Profit before tax grew 31.90% to Rs 513.22 crore.  Share of profit/loss wa...



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