IGL Reports Record FY26 Gas Sales

Indraprastha Gas Ltd recorded sales of 9.39 mmscmd in FY26 while expanding its CNG and domestic piped natural gas network.

IGL Chairman Subhankar Sen told shareholders at the company’s 27th annual general meeting that sales reached a record 9.39 million standard cubic metres per day during the financial year ended March 2026.

Gross turnover stood at ₹17,785 crore, while profit after tax was ₹1,364 crore. IGL’s net worth stood at ₹9,987 crore as of March 31, 2026.

Consolidated profit after tax, including contributions from associate companies Central UP Gas Ltd and Maharashtra Natural Gas Ltd, reached ₹1,543 crore.

IGL added more than 3.7 lakh domestic PNG connections and 70 CNG stations during the year, taking its CNG network to 1,024 stations.

The company has also signed a joint venture agreement with Rajasthan Vidyut Utpadan Nigam Ltd for a 500 MWp greenfield solar power plant and floated a tender for a 200 MW solar plant in Rajasthan.

IGL is exploring the government’s GOBARdhan initiative and potential acquisitions of stakes in existing city gas distribution companies. Commercial production has also begun at IGL Genesis Technologies Ltd, its gas-meter manufacturing joint venture.

IGL’s board recommended a final dividend of ₹1.50 per share, in addition to an interim dividend of ₹3.25 per share.

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