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Indian Administration

IGL Records Banner Year with Expansion and Robust Financials

IGL Records Banner Year with Expansion and Robust Financials

New Delhi, 26th September 2025: At the 26th Annual General Meeting, Indraprastha Gas Limited (IGL), India’s premier CNG distributor, declared a year of record achievements for the fiscal year 2024-25. The company not only surpassed its previous milestones by adding over 370,000 new PNG connections and 72 CNG stations but also reported a significant financial performance with a gross turnover of Rs. 16,400 Crores and a Profit After Tax (PAT) of Rs. 1,468 Crores.

The event, presided over by Mr. Raj Kumar Dubey, Chairman of IGL, was conducted virtually in New Delhi. Mr. Dubey highlighted the company’s robust growth trajectory and its consolidated PAT, which reached Rs. 1,713 Crores, factoring in contributions from associate companies Central UP Gas Limited (CUGL) and Maharashtra Natural Gas Limited (MNGL). The Chairman expressed confidence in IGL’s ongoing progress, which is evident from the promising results of the first quarter of the current fiscal year."October 2024 Veer Samachar newsletter cover featuring vibrant design and informative headlines."

IGL is poised for future growth with strategic initiatives aimed at sustainability and expansion. The company has ventured into renewable energy by partnering with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) for a solar power project in Rajasthan. This move aligns with IGL’s commitment to reducing carbon emissions and achieving net zero. Additionally, the company is broadening its reach by setting up LNG/LCNG stations, Compressed Biogas Plants under the SATAT initiative, and exploring acquisitions in existing CGD companies. A noteworthy advancement is the imminent commencement of commercial production at IGL’s subsidiary that manufactures gas meters.

Enhancing customer experience remains a priority for IGL. The company has successfully integrated technology into its operations, evident from the over 1 million registrations on the IGL Connect mobile app and the introduction of the IGL Genie WhatsApp chatbot, which utilizes AI to provide efficient customer service. These initiatives underscore IGL’s dedication to facilitating seamless and digitally empowered interactions with its users.

The AGM concluded with the shareholders’ approval of a generous final dividend of 75% (Rs. 1.5 per share) following a bonus issue, in addition to a 275% (Rs. 5.5 per share) interim dividend, underscoring the company’s strong financial health and commitment to rewarding its shareholders.

This year’s achievements reflect IGL’s strategic foresight and operational excellence, setting a high bar for the industry while steering towards sustainable and customer-focused growth.

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