IGL sees 93% drop in profit amid supply disruptions linked to West Asia

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todaynewss.inNovember 1, 2026

Babar Azam (Reuters Photo) Former Pakistan captain Mohammad Yousuf has urged Babar Azam to travel to Australia or South Africa and work with specialist coaches to address the technical flaws in his batting, warning that playing first-class cricket without fixing those issues could further dent the star batter’s confidence.Yousuf believes Babar needs focused, specialised coaching...

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todaynewss.inNovember 1, 2026

इलाहाबाद हाई कोर्ट ने एक मामले की सुनवाई में मनुस्मृति का किया जिक्र (फाइल फोटो) The Allahabad High Court has directed the Uttar Pradesh Education Service Selection Commission (UPESSC) to exclude two disputed questions from the evaluation of the Uttar Pradesh Teacher Eligibility Test (UPTET) 2026 and recalculate candidates’ scores. The court has also made...

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todaynewss.inNovember 1, 2026

‘Ramayana‘ is set to release next week, and all eyes are on the film. As the release nears, the cast has been out promoting it. Ranbir Kapoor, Ravie Dubey, Rakul Preet Singh, Yash and director Nitesh Tiwari came together for an interview to discuss the journey of adapting the epic for the screen. Ranbir Kapoor...

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IGL sees 93% drop in profit amid supply disruptions linked to West Asia

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November 1, 2026

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IGL sees 93% drop in profit amid supply disruptions linked to West Asia

IGL reported a 93.4% decline in Q2 FY27 profit to Rs 24.4 crore, despite an 8% rise in sales volume

NEW DELHI: IGL reported a 93.4% decline in its profit in the second quarter of FY27 due to a substantial increase in input gas costs amid global supply disruptions caused by uncertainties in West Asia.The company’s standalone net profit for the quarter ended Sept was Rs 24.4 crore, compared with Rs 372.5 crore in the corresponding period of FY26, despite an 8% increase in sales volume and a 26% rise in sales turnover. IGL said its average daily sales increased from 9.3 million standard cubic metres per day (mmscmd) to 10.1 mmscmd during the quarter, reflecting the growth in demand, while gross sales turnover rose to Rs 5,999.1 crore from Rs 4,431.6 crore in the corresponding period of FY26.

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