• Financial performance: Q4 revenue rose approximately 5% to ₹4,085 crore supported by 4% to 5% volume growth, while net profit dropped 25% to ₹339 crore due to elevated gas procurement costs.
• Segment volume outlook: CNG volume growth is expected at 8% to 10% going forward as public transport EV conversion headwinds subside, while PNG segments are projected to grow over 20% over the next two to three years.
• Gas sourcing mix: Domestic APM gas currently accounts for 22% of supply (declining 7% annually), paired with 22% from new wells, 6% to 7% from HPHT gas, and the remaining 50% from R-LNG contracts.
• Network expansion plans: The company plans to roll out 70 to 80 CNG stations annually over the next two years, mainly across Delhi NCR, while setting up LNG stations on all incoming highways.
• Capital expenditure budget: Supported by a debt-free balance sheet, IGL plans to deploy ₹1,500 to ₹1,600 crore in its core CNG and PNG operations, alongside ₹500 to ₹600 crore in renewable and business diversification initiatives.