Key Financial Figures - Standalone (Q2 FY27)

  • Revenue from operations: ₹5,613.62 crores (26% YoY growth from ₹4,445.89 crores in Q2 FY26)
  • Other income: ₹185.89 crores
  • Total income: ₹5,799.51 crores
  • Profit before tax: ₹9.59 crores (98% decline from ₹475.36 crores YoY)
  • Tax expense: ₹(14.79) crores (includes current tax credit of ₹16.56 crores)
  • Profit for the period: ₹24.38 crores (93% decline from ₹372.51 crores YoY)
  • Total comprehensive income: ₹24.80 crores
  • EPS: ₹0.15 (not annualized) vs ₹2.66 in Q2 FY26

Key Financial Figures - Standalone (H1 FY27)

  • Revenue from operations: ₹10,653.77 crores (21% YoY growth from ₹8,772.49 crores)
  • Profit before tax: ₹269.51 crores (72% decline from ₹951.16 crores YoY)
  • Profit for the period: ₹210.56 crores (71% decline from ₹728.45 crores YoY)
  • Total comprehensive income: ₹210.03 crores
  • EPS: ₹1.48 (not annualized) vs ₹5.20 in H1 FY26

Operational Performance (Q2 FY27 vs Q2 FY26)

  • Total gas sales volumes: 925.59 million SCM (8% YoY growth)
  • CNG: 696.63 million SCM (9% growth)
  • PNG Domestic: 73.31 million SCM (16% growth)
  • PNG Industrial/Commercial: 109.35 million SCM (2% growth)
  • LNG: 0.30 million SCM (50% growth)
  • Net revenue from operations: ₹5,116.23 crores (27% YoY growth)
  • CNG (net of excise): ₹3,521.84 crores (17% growth)
  • PNG: ₹1,578.20 crores (56% growth)
  • EBIDTA: ₹(31.11) crores vs ₹442.83 crores YoY (-107% change)
  • EBIDTA margin: -1% vs 11% YoY

Balance Sheet Position (Standalone as of September 30, 2026)

  • Total assets: ₹16,497.55 crores (vs ₹15,432.65 crores as of March 31, 2026)
  • Property, plant and equipment: ₹8,084.97 crores
  • Capital work-in-progress: ₹1,589.19 crores
  • Cash and cash equivalents: ₹163.22 crores
  • Bank balances: ₹3,057.06 crores
  • Investments: ₹1,303.90 crores
  • Total equity: ₹9,986.73 crores
  • Paid-up equity share capital: ₹280.00 crores (face value ₹2 per share)

Contingent Liability

Delhi Development Authority (DDA) has raised a total demand of ₹330.73 crores (excluding interest) for increased license fees for CNG station sites for the period up to March 31, 2016. The Hon'ble Delhi High Court disposed of the case on March 11, 2026, referring parties to the AMRCD mechanism. IGL is finalizing representation seeking parity with oil marketing companies and believes the demand is not tenable. No provision has been made in the financial statements.

Subsidiary Update

IGL Genesis Technologies Limited (51% subsidiary incorporated June 15, 2023) is involved in manufacturing and distribution of gas meters. As of September 30, 2026:

  • IGL's investment: ₹34.46 crores (unchanged from March 31, 2026)
  • Loan advances: ₹34.46 crores (classified as current asset due to interest payment default)
  • Interest due: ₹3.58 crores (first and second installments due December 31, 2025 and June 30, 2026 not paid)

Consolidated Results

  • Q2 FY27 consolidated profit: ₹23.75 crores vs ₹384.95 crores YoY (-94%)
  • H1 FY27 consolidated profit: ₹261.67 crores vs ₹812.75 crores YoY (-68%)
  • Share of profit from associates: ₹52.23 crores in Q2 (Maharashtra Natural Gas Limited and Central U.P. Gas Limited)
  • Non-controlling interests: ₹(2.14) crores in Q2

Cash Flow (Standalone H1 FY27)

  • Cash from operating activities: ₹798.21 crores
  • Cash used in investing activities: ₹(745.78) crores (primarily mutual fund investments of ₹7,912.50 crores offset by sales of ₹8,035.40 crores)
  • Cash used in financing activities: ₹(58.03) crores (lease repayments)
  • Net decrease in cash: ₹(5.60) crores