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Indraprastha Gas vs Shera Energy Q3 FY26

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

IN

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%.

SH

Shera Energy

Shera Energy delivered a strong 9M FY26 with consolidated revenue up 30% YoY to ₹1,182 Cr, EBITDA up 55% to ₹66 Cr, and PAT up 57% to ₹25 Cr.

Result Snapshot

Revenue₹4,068 Cr₹397 Cr
PAT₹392 Cr₹9 Cr
EBITDA Margin12%5.62%
Sentimentbullishbullish

Key Quotes

Our long-term guidance remains that 7 to 8 is our target range.
Kamal Kish Chhatal · Managing Director
I expect a sizable growth in the company but I shall not be in position to comment you approximate figures.
Nastin Shik · Chairman and Managing Director