Indraprastha Gas Limited reported a decline in quarterly profitability for the fourth quarter ended March 2026, as rising input gas costs and supply-related pressures weighed on margins.
While revenue and EBITDA came in above market projections, net profit remained below analyst estimates. The company also announced a dividend of ₹1.50 per share alongside its quarterly results.
Indraprastha Gas posted a net profit of ₹277.08 crore for the March 2026 quarter, reflecting a year-on-year decline of 21%.
On a sequential basis, net profit declined 22.7% from ₹358 crore reported in the previous quarter.
The company attributed the pressure on earnings to higher gas input costs and supply-side challenges linked to geopolitical developments in West Asia.
Revenue from operations rose 6% year-on-year to ₹4,571.49 crore during the quarter, compared with ₹4,322.71 crore in the corresponding period last year.
On a quarter-on-quarter basis, revenue increased 2.1% to ₹4,162.6 crore from ₹4,067 crore in the December quarter.
The revenue performance was reported to be above market expectations despite pressure on profitability.
Earnings before interest, tax, depreciation and amortisation (EBITDA) declined 10.5% sequentially to ₹422.9 crore from ₹472 crore in the preceding quarter.
The EBITDA margin contracted to 10.2% from 11.6%, indicating pressure on operational profitability amid elevated costs.
Although EBITDA exceeded analyst projections, margins remained below expectations during the quarter.
The company announced a dividend of ₹1.50 per equity share along with its quarterly earnings.
The dividend declaration forms part of the company’s shareholder payout for the financial year ended March 2026.
Shares of Indraprastha Gas Limited were trading at ₹156.65 on May 19, 2026, higher by ₹5.01 or 3.30% compared to the previous close of ₹151.64.
Earlier, the stock had ended near ₹152 on the BSE following the earnings announcement.
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Indraprastha Gas reported lower quarterly profit and weaker margins during the March 2026 quarter as higher gas procurement costs and supply-side pressures affected earnings performance.
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Published on: May 19, 2026, 12:40 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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