IGL Share Price Rises Over 3% Ahead of Q4 FY25 Results and Final Dividend Decision

Indraprastha Gas Limited (IGL) share price rose over 3% on April 22 after the company announced that its board will meet on April 27, 2025, to approve the audited financial results for Q4 and FY25, and to consider a final dividend for the financial year 2024-25.

In a stock exchange filing, IGL stated, “The meeting of the Board of Directors is scheduled to be held on April 27, 2025, inter-alia to consider and approve standalone and consolidated Audited Financial Results for the quarter/year ended March 31, 2025, and also to consider recommendation of final dividend.”

Strong Dividend History

IGL is known for regularly rewarding its shareholders. Over the last 12 months, the company had a dividend yield of 5.62%, as per reports. Since September 2004, IGL has declared 25 dividends.

In the last year alone, IGL has distributed ₹10.50 per share as equity dividend. The most recent payout was ₹5.50 per share, with the record date set for November 12, 2024.

Read More, BSE Board to Meet on May 6 to Consider FY25 Results, Dividend; Bonus Issue Record Date Awaited.

About Indraprastha Gas Limited (IGL)

Indraprastha Gas Limited (IGL) is an Indian company that distributes natural gas for use as cooking and vehicle fuel, mainly serving the Delhi NCR region. Founded in 1998, it operates as a joint venture between GAIL, Bharat Petroleum, and the Government of Delhi.

Share Price Movement

On April 22, IGL share price climbed up to ₹189.75 on the BSE, marking a 3.75% intraday gain.

However, the stock still trades about 33% below its 52-week high of ₹285.30, though it has recovered 24% from its 52-week low of ₹153.25.

In the long-term view:

• IGL stock is down 14% in the past year. 
• It has fallen 22% over the last 2 years. 
• On a 10-year basis, the stock has gained 323%, showing strong historical returns.

Conclusion

IGL’s strong dividend track record and upcoming board meeting have renewed investor interest, pushing the stock higher. While near-term performance has lagged, the company’s long-term growth and consistent shareholder rewards make it a stock to watch, especially with the Q4 results and final dividend announcement just around the corner.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.       

Investments in securities market are subject to market risks, read all the related documents carefully before investing.