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08-May-2024

Indraprastha Gas

Sales volume increase 5% in Q4FY24


'Consolidated net sales (including other operating income) of Indraprastha Gas has declined 2.31% to Rs 3596.79 crore.  Operating profit margin has jumped from 12.52% to 14.49%, leading to 13.09% rise in operating profit to Rs 521.17 crore.  Purchase of finished goods cost fell from 75.85% to 70.98%.   Employee cost increased from 1.27% to 1.86%.   Other expenses rose from 10.37% to 12.67%.  

Other income rose 12.70% to Rs 79.89 crore.  PBIDT rose 13.04% to Rs 601.06 crore.  Provision for interest rose 0.78% to Rs 2.57 crore.  Loan funds declined from Rs 82.77 crore as of 31 March 2023 to Rs 81.17 crore as of 31 March 2024.  Inventories rose to Rs 52.23 crore as of 31 March 2024 from Rs 49.17 crore as of 31 March 2023.  Sundry debtors w...



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