Indraprastha Gas (NSE:IGL) Gross-Profit-to-Asset % : 28.85% (As of Mar. 2024)

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What is Indraprastha Gas Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Indraprastha Gas's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹41,018 Mil. Indraprastha Gas's average Total Assets over the quarter that ended in Mar. 2024 was ₹142,200 Mil. Therefore, Indraprastha Gas's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 28.85%.

Indraprastha Gas Gross-Profit-to-Asset % Historical Data

The historical data trend for Indraprastha Gas's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Indraprastha Gas Gross-Profit-to-Asset % Chart

Indraprastha Gas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

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32.13

25.62

25.69

31.17

31.20

Indraprastha Gas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															27.94	34.01	34.64	32.46	28.85

Competitive Comparison of Indraprastha Gas's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, Indraprastha Gas's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Indraprastha Gas's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Indraprastha Gas's Gross-Profit-to-Asset % falls into.

Indraprastha Gas Gross-Profit-to-Asset % Calculation

Indraprastha Gas's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2024 )	/	( (Total Assets (A: Mar. 2023 )	+	Total Assets (A: Mar. 2024 ))	/ count )
	=	41868.8	/	( (126206	+	142199.6)	/ 2 )
	=	41868.8	/	134202.8
	=	31.20 %

Indraprastha Gas's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	41017.6	/	( (0	+	142199.6)	/ 1 )
	=	41017.6	/	142199.6
	=	28.85 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Indraprastha Gas Gross-Profit-to-Asset % Related Terms

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Indraprastha Gas (NSE:IGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Indraprastha Gas Ltd (NSE:IGL) » Definitions » Gross-Profit-to-Asset %

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Traded in Other Exchanges

532514:India

Address

IGL Bhawan, Plot Number 4, Community Centre, Sector-9, R K Puram, New Delhi, IND, 110022

Website

https://www.iglonline.net

Indraprastha Gas Ltd, or IGL, is an Indian utility company that derives nearly all of its revenue from the sale of natural gas. IGL supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, industrial, and commercial sector customers. Most of the natural gas sold by IGL is in the form of compressed natural gas. CNG is an alternative to fossil fuels that is distributed from IGL's portfolio of fueling stations to power a variety of vehicles. The vast majority of these CNG stations are located in the Delhi and National Capital Regions. IGL distributes a significant amount of natural gas through its network of pipelines in Delhi and the National Capital Region, as well. The customers served by IGL's PNG business are primarily residential consumers.

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