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Indian Administration

Indraprastha Gas Limited Achieves Record Sales in FY 2024-25

Indraprastha Gas Limited Achieves Record Sales in FY 2024-25

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New Delhi: Indraprastha Gas Limited’s chairman has announced the outstanding performance of the company during the financial year 2024-25. Despite challenges such as high gas input costs and a decrease in the percentage of APM (Administered Price Mechanism), the company achieved remarkable sales volume and profitability.

The key highlights of the company’s performance during this period are detailed in the enclosed Annual Report. With a proud history spanning 26 years, Indraprastha Gas Limited continues to demonstrate excellence in its operations.

Summary of Physical and Financial Performance

During the financial year 2024-25, Indraprastha Gas Limited marked a significant milestone with record sales volume reaching 8.99 million metric standard cubic meters per day (MMSCMD), the highest in its history. The company reported a Gross turnover of Rs. 16,400 Crores and a Profit After Tax (PAT) of Rs. 1,468 Crores.

Indraprastha Gas Limited expanded its infrastructure by adding 72 new CNG stations, increasing the total number of CNG stations to 954 by the end of the fiscal year, representing approximately 13% of pan-India CNG stations. In the PNG segment, the company added over 3.7 lakh new household connections and significantly grew its Commercial and Industrial customer base.

The company’s robust infrastructure now serves around 21 lakh CNG vehicles, over 30.70 lakh households, and more than 12,100 Commercial and Industrial customers. Care Ratings Ltd. has bestowed a AAA (Stable) credit rating on the company, underscoring its financial stability and dedication to fiscal prudence.

"Igl board showcasing innovative technology and design for modern infrastructure."

Sharing Success with Shareholders

Indraprastha Gas Limited announced its first Bonus Issue of equity shares during the financial year 2024-25. In February 2025, the company issued and allotted Bonus Shares to shareholders at a ratio of 1:1, rewarding them with one equity share of Rs. 2 each for every existing equity share of Rs. 2 each held. This move reflects the company’s strong financial performance and commitment to long-term value creation, while expressing gratitude for shareholder trust and support.

Dividend

For the year 2024-25, the Board of Directors has recommended a final dividend of 75% (Rs. 1.5 per share) post-bonus issue and declared an interim dividend of 275% (Rs. 5.5 per share) pre-bonus issue, which was paid during the financial year 2024-25.

Technology Integration

Indraprastha Gas Limited maintains a customer-centric approach and continues to enhance its services through technology integration and digital innovations. The IGL Connect App has surpassed one million registrations, meeting customer expectations. The company has streamlined commercial customer registration processes and improved ownership transfer procedures for PNG customers through automation. Furthermore, digital payment options have been expanded to provide secure payment gateways for customers.

To enhance customer engagement further, the company has launched the WhatsApp-based chatbot platform, IGL Genie, offering convenient, menu-driven service options and leveraging advanced AI features. Indraprastha Gas Limited remains dedicated to delivering exceptional service to its customers.

Indraprastha Gas Limited Reports Successful Financial Year 2024-25

Indraprastha Gas Limited’s chairman has announced the outstanding performance of the company during the financial year 2024-25. Despite challenges such as high gas input costs and a decrease in the percentage of APM (Administered Price Mechanism), the company achieved remarkable sales volume and profitability.

The key highlights of the company’s performance during this period are detailed in the enclosed Annual Report. With a proud history spanning 26 years, Indraprastha Gas Limited continues to demonstrate excellence in its operations.

Summary of Physical and Financial Performance

During the financial year 2024-25, Indraprastha Gas Limited marked a significant milestone with record sales volume reaching 8.99 million metric standard cubic meters per day (MMSCMD), the highest in its history. The company reported a Gross turnover of Rs. 16,400 Crores and a Profit After Tax (PAT) of Rs. 1,468 Crores.

Indraprastha Gas Limited expanded its infrastructure by adding 72 new CNG stations, increasing the total number of CNG stations to 954 by the end of the fiscal year, representing approximately 13% of pan-India CNG stations. In the PNG segment, the company added over 3.7 lakh new household connections and significantly grew its Commercial and Industrial customer base.

The company’s robust infrastructure now serves around 21 lakh CNG vehicles, over 30.70 lakh households, and more than 12,100 Commercial and Industrial customers. Care Ratings Ltd. has bestowed a AAA (Stable) credit rating on the company, underscoring its financial stability and dedication to fiscal prudence.

Sharing Success with Shareholders

Indraprastha Gas Limited announced its first Bonus Issue of equity shares during the financial year 2024-25. In February 2025, the company issued and allotted Bonus Shares to shareholders at a ratio of 1:1, rewarding them with one equity share of Rs. 2 each for every existing equity share of Rs. 2 each held. This move reflects the company’s strong financial performance and commitment to long-term value creation, while expressing gratitude for shareholder trust and support.

Dividend

For the year 2024-25, the Board of Directors has recommended a final dividend of 75% (Rs. 1.5 per share) post-bonus issue and declared an interim dividend of 275% (Rs. 5.5 per share) pre-bonus issue, which was paid during the financial year 2024-25.

Technology Integration

Indraprastha Gas Limited maintains a customer-centric approach and continues to enhance its services through technology integration and digital innovations. The IGL Connect App has surpassed one million registrations, meeting customer expectations. The company has streamlined commercial customer registration processes and improved ownership transfer procedures for PNG customers through automation. Furthermore, digital payment options have been expanded to provide secure payment gateways for customers.

To enhance customer engagement further, the company has launched the WhatsApp-based chatbot platform, IGL Genie, offering convenient, menu-driven service options and leveraging advanced AI features. Indraprastha Gas Limited remains dedicated to delivering exceptional service to its customers.

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