Business Standard

IGL reports 29% YoY surge in consolidated Q4 profit at Rs 375 crore

Board recommends 180% dividend, or Rs 3.6 per share

gas, petrol, crude, oil, diesel, price, economy
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BS Reporter New Delhi
Indraprastha Gas (IGL) has reported a Rs-375.10 crore consolidated profit for the fourth quarter of financial year 2020-21. This is 29 per cent higher than the Rs 290.76 crore consolidated profit reported by the company in the same period of financial year 2019-20

In a statement to the BSE, IGL said that the Company Board recommended a 180 per cent dividend. This translates to a dividend of Rs 3.6 per share (face value of Rs 2 each) for the financial year 2020-21. This is subject to approval of shareholders in the ensuing Annual General Meeting.

Consolidated total income during the

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