Indraprastha Gas Limited has reported a net profit of Rs. 225.5 crore for the fourth quarter ended March 31. This is a 29 per cent increase over the Rs. 174.72 crore recorded in the previous financial year.
The company board has recommended a final dividend of 120 per cent ( Rs. 2.40 on equity share of Rs. 2 each) for the fiscal.
The capital expenditure during FY19 has been Rs. 738 crores and there is no debt as on March 31, 2019, a company statement said.
Total income stood 28.42 per cent higher at Rs. 1,752.4 crore for the quarter under review during FY19.
For the fiscal, the consolidated net profit stood 16.68 per cent higher at Rs. 842.1 crore. Total income during the fiscal 2018-2019 stood at Rs. 6,490.32 crore.
