IRM energy (a group company of Cadila Pharmaceuticals) is a city gas distribution (CGD) company in India developing natural gas distribution projects across various districts in the country for industrial, commercial, domestic, and automobile customers.
The company’s consolidated net profit zoomed 122.28% to Rs 8.98 crore on 10.39% rise in revenue from operations to Rs 231.59 crore in Q4 FY24 over Q4 FY23.
The scrip ended 0.48% higher at Rs 460.85 on Tuesday, 9 July 2024.