Indraprastha Gas Q4 net, margins fall short of estimates; declares ₹1.50 dividend

India's largest city gas distributor, Indraprastha Gas Ltd, on Monday (May 18), reported a net profit of ₹277.1 crore for the fourth quarter, compared with the CNBC-TV18 poll estimate of ₹321 crore.

Revenue stood at ₹4,162.6 crore, higher than the poll estimate of ₹4,030 crore, while EBITDA at ₹422.9 crore, also beat the ₹409 crore estimated by the poll. The EBITDA margin was at 10.2%, lower than the estimated 13.3%.

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On a sequential basis, net profit declined 22.7% to ₹277.1 crore from ₹358 crore in the previous quarter.

Revenue rose 2.1% quarter-on-quarter to ₹4,162.6 crore compared with ₹4,067 crore, while EBITDA fell 10.5% to ₹422.9 crore from ₹472 crore. The EBITDA margin declined to 10.2% from 11.6%.

The board recommended a final dividend

of 75%, equivalent to ₹1.50 per equity share of face value ₹2, for FY25–26, subject to shareholder approval at the ensuing annual general meeting.

The board of directors has designated Manjeet Singh Gulati, Vice President (Finance), as chief financial officer with effect from May 21, 2026. Sanjay Kumar will cease to be CFO from the same date.

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Shares of Indraprastha Gas Limited ended at ₹152, down by ₹0.15, or 0.099%, on the BSE today, May 18.