Indraprastha Gas Ltd, the firm that retails CNG and piped cooking gas in the national capital, on Tuesday reported a 72 per cent rise in the June quarter net profit on the back of a rise in sales volume. Net profit of Rs 420.86 crore in April-June compared with Rs 244.29 crore in the corresponding quarter of last fiscal, the company said in a statement.
“IGL registered an overall sales volume growth of 48 per cent over the corresponding quarter in the last fiscal, with the average daily sale going up from 5.32 million standard cubic meters to 7.89 mmscmd,” it said.
