IGL declares 25 per cent dividend for 05-06

New Delhi, Sep 22 (UNI) The Indraprastha Gas Limited (IGL), sole supplier of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in the capital, presented a dividend of Rs 1.75 crore to Delhi Lt.

Governor B L Joshi today on behalf of Delhi government for 2005-06.

The IGL, a joint venture company of GAIL (India) Ltd and BPCL, recorded a turnover growth of 15.4 per cent and net profit growth of 14.5 per cent in 2005-06 over the previous year.

As against 20 per cent dividend in 2004-05, it declared a dividend of 25 per cent this year, an official statement said.

UNI VN MIR HT1940