| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- Indraprastha Gas Limited (IGL) reports a nine per cent increase in consolidated net profit for Q4FY24.
- IGL’s revenue from operations in Q4FY24 dropped two per cent compared to the previous year.
- The company’s board recommends a final dividend of 250 per cent at Rs.5 per equity share for FY24.
IGL announces Q4 results for fiscal 2023-24, reporting a rise in consolidated net profit and a slight drop in revenue from operations. The board also recommends a hefty final dividend.
IGL Q4 Results: A Closer Look
IGL announced its Q4 results on Tuesday, May 7, reporting a consolidated net profit of ₹433.79 crore, a nine per cent increase from ₹397.51 crore in the corresponding period last year. However, the city gas distributor’s revenue from operations in Q4FY24 dropped two per cent to ₹3,964.42 crore, compared to ₹4,056.44 crore in the year-ago period.
Final Dividend and Future Prospects
The board recommended a final dividend of 250 per cent, i.e., ₹5 per share (face value of ₹2 each) for the financial year 2023-24, subject to approval of shareholders in the ensuing Annual General Meeting. This recommendation reflects the company’s strong financial performance and its commitment to providing value to its shareholders.
IGL’s Performance in Fiscal 2023-24
For the full 2023-24 fiscal, IGL’s net profit soared 21 per cent to ₹1,748.08 crore compared to ₹1,445.02 crore in the previous year. The turnover slipped marginally to ₹3,949.17 crore in January-March from ₹4,042.57 crore in the corresponding quarter of 2022-23. The gross turnover for FY24 was ₹15,403.13 crore as compared to ₹15,543.67 crore in the year-ago period.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
IGL’s Sales Volume and Growth
The sales volume in the quarter increased from 8.25 million standard cubic metres per day in Q4 of 2022-23 to 8.73 mmscmd in Q4 of FY’24, showing a volume growth of seven per cent. The average daily gas sale during FY24 was 8.43 mmscmd as compared to 8.09 mmscmd in FY’23, registering an overall growth of four per cent.
Conclusion
Despite a challenging operating environment, IGL has remained focused on executing strategic priorities and delivering long-term value to its stakeholders. With a consolidated net profit after tax of ₹1,983.40 crore in 2023-24 against a consolidated profit of ₹1,639.65 crore in FY22-23, the company shows a promising future outlook.
| COINOTAG recommends • Exchange signup |
| 📈 Clear interface, precise orders |
| Sharp entries & exits with actionable alerts. |
| 👉 Create free account → |
| COINOTAG recommends • Exchange signup |
| 🧠 Smarter tools. Better decisions. |
| Depth analytics and risk features in one view. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| 🎯 Take control of entries & exits |
| Set alerts, define stops, execute consistently. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🛠️ From idea to execution |
| Turn setups into plans with practical order types. |
| 👉 Join now → |
| COINOTAG recommends • Exchange signup |
| 📋 Trade your plan |
| Watchlists and routing that support focus. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| 📊 Precision without the noise |
| Data‑first workflows for active traders. |
| 👉 Sign up → |
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
