Indraprastha Gas Ltd.'s consolidated net profit declined 5% sequentially in the second quarter of the current financial year.
The company posted a net profit of Rs 454.17 crore in the quarter ended September compared to Rs 480.22 crore registered in the previous quarter, according to an exchange filing on Monday.
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IGL Q2 FY25 Highlights (Consolidated, QoQ)
Revenue up 5.1% to Rs 3,697.60 crore versus Rs 3,520.60 crore (Bloomberg estimate: Rs 3,565 crore).
Ebitda down 8% to Rs 534.88 crore versus Rs 580.31 crore (Bloomberg estimate: Rs 626 crore).
Margin at 14.5% versus 16.5% (Bloomberg estimate: 17.50%)
Net profit down 5% to Rs 454.17 crore versus Rs 480.22 crore (Bloomberg etimate: Rs 471 crore).
(This is a developing story).
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