According to the unaudited results for the quarter ending September 2024, both CNG and PNG segments recorded a 9% growth in sales volumes compared to the same period last year. Domestic PNG saw a 12% increase in sales volume, while the industrial and commercial PNG segment expanded by 11% over Q2 of FY24.

IGL’s total gross sales value for the quarter rose to Rs 40.69 billion, marking a 7% increase from Rs 38.04 billion in the previous quarter. Profit after tax (PAT) for Q2 FY25 increased sequentially by 7.4%, reaching Rs 4.31 billion, compared to Rs 4.01 billion in Q1 FY25. However, PAT showed a decline compared to Rs 5.34 billion in Q2 FY24, primarily due to a significant rise in input gas costs.

In its financial report, the company noted that these results reflect IGL’s standalone performance and do not include profits from associate companies.