{"id":400051,"date":"2021-02-11T11:44:05","date_gmt":"2021-02-11T06:14:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=400051"},"modified":"2021-02-11T11:44:05","modified_gmt":"2021-02-11T06:14:05","slug":"cheaper-natural-gas-pushes-igls-q3-consolidated-net-up-28-to-rs-382-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cheaper-natural-gas-pushes-igls-q3-consolidated-net-up-28-to-rs-382-cr\/","title":{"rendered":"Cheaper natural gas pushes IGL&#8217;s Q3 consolidated net up 28% to Rs 382 cr"},"content":{"rendered":"<p>Indraprastha Gas Limited (IGL) has reported a Rs 381.83 crore consolidated net profit during the third quarter of financial year 2020-2021. This is 28.40 per cent higher than the consolidated net profit reported by the company in the same quarter of FY 2019-2020. The higher profit is on the back of lower natural gas purchase costs that form a large chunk of the company\u2019s expenses.<\/p>\n<p>IGL spent Rs 606.29 crore for purchases of stock-in-trade of natural gas during the period under review. This is 36 per cent lower than the Rs 940.69 crore it had spent in the same period a year ago. This pulled down total expenses by 22 per cent to Rs 1,172.46 crore in Q3 FY 2020-2021 from Rs 1,511.73 crore in the comparable quarter of FY20.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indraprastha Gas Limited (IGL) has reported a Rs 381.83 crore consolidated net profit during the third quarter of financial year 2020-2021. This is 28.40 per cent higher than the consolidated net profit reported by the company in the same quarter of FY 2019-2020. The higher profit is on the back of lower natural gas purchase costs that form a large chunk of the company\u2019s expenses. IGL spent Rs 606.29 crore for purchases of stock-in-trade of natural gas during the period under review. This is 36 per cent lower than the Rs 940.69 crore it had spent in the same period [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-400051","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=400051"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400051\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=400051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=400051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=400051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}