IGL Q3 Update: Profits and Dividends Skyrocket!

Indraprastha Gas Limited Reports Strong Performance in Fiscal Third Quarter

New Delhi, February 12, 2026 – Indraprastha Gas Limited (IGL), India’s premier City Gas Distribution company, today unveiled its financial achievements for the third quarter of the fiscal year 2026. IGL operates extensive networks across 33 districts within the states of Delhi, Uttar Pradesh, Haryana, and Rajasthan. Alongside reporting continued growth, the company has declared a substantial interim dividend of 162.5%, which translates to ₹3.25 per equity share, totaling an impressive ₹455 crores for the period. The unaudited figures for the quarter ending December 2025 reveal a notable rise in net profit, reaching ₹358.57 crore, up from ₹285.82 crore in the same quarter of the previous year, marking a 25% increase. The total gross sales also saw an upward trajectory, climbing to ₹4465 crore from ₹4130 crore recorded during the same period last fiscal year, an 8% growth. Additionally, the Earnings Before Interest, Taxes, Depreciation, and Amortization (EBIDTA) per standard cubic meter (scm) escalated by 27%, from ₹4.29 to ₹5.45.

Operational Highlights and Volume Growth

IGL reported a sales volume increase of 3% over the last year’s corresponding quarter, with daily average sales rising from 9.11 million standard cubic meters per day (mmscmd) to 9.43 mmscmd. The sales growth was evident across its product segments; Piped Natural Gas (PNG) sales grew by 4%, while Compressed Natural Gas (CNG) sales increased by 3% compared to the previous year. The reported figures are solely reflective of IGL’s standalone operations and do not account for earnings from associated companies.

Additional Financial Considerations

IGL has accounted for an estimated financial impact of ₹28.29 crore due to the implementation of unified labour codes, which took effect in the quarter ending December 31, 2025. This estimation is based on actuarial valuations and reflects the company’s commitment to compliance and ethical business practices. The robust financial and operational performance of IGL underscores its leadership in the City Gas Distribution sector and its ability to maintain growth momentum amidst dynamic market conditions. The dividend declaration further demonstrates IGL’s commitment to delivering value to its shareholders.