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Indraprastha Gas vs Insolation Energy Q3 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

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Indraprastha Gas

IGL reported a steady quarter with total sales volume growing 3% YoY to 867 million SCM, driven by resilient CNG demand (up 10% ex-DTC) and PNG growth of 5%.

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Insolation Energy

Insolation Energy delivered a strong Q3 FY26 with revenue of ₹575 crore (+77% YoY) and EBITDA of ₹81.7 crore (+175% YoY), with EBITDA margin expanding 560 bps to 14.2%.

Result Snapshot

Revenue₹4,068 Cr₹575 Cr
PAT₹392 Cr₹51 Cr
EBITDA Margin12%14.2%
Sentimentbullishbullish

Key Quotes

Our long-term guidance remains that 7 to 8 is our target range.
Kamal Kish Chhatal · Managing Director
Our mission is to become India's leading clean tech solution provider setting the benchmark in integrated solar manufacturing while delivering technology solutions globally.
Manish Gupta · Chairman and Whole Time Director