IRM Energy Limited — Important, 15-05-2025: General Updates
15-05-2025 | 11:29 pm
15-05-2025 | 11:29 pm
IRM Energy has announced a board meeting on the financial results for the quarter and half-year. The company posted record CNG volumes at 28.84 mmscm in Q4FY25, up 11% YoY, while industrial PNG volume rose 24% YoY. It added 18 new CNG stations, totaling 111. FY25 revenue increased 10% to Rs 9755 Mn, but EBITDA fell 35% due to reduced APM gas allocation, higher operating costs, and license fees. CAPEX was Rs 1293 Mn, driving infrastructure expansion across four regions.
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