IRM Energy Ltd Share Price – NSE /  BSE

Gas Distribution, Small Cap

IRM Energy announced that CRISIL has reaffirmed rating on its bank loan facilities of Rs 700 crore at CRISIL AA-; Negative (outlook revised from Stable) / CRISIL A1+.

Powered by Capital Market - Live News

IRM Energy will hold a meeting of the Board of Directors of the Company on 15 May 2025.

Powered by Capital Market - Live News

The total quantity to be purchased under the agreement will be 1.23 crore MMBtu, equivalent to approximately 326.84 mmscm @ 9500 k/cal Gross Calorific Value (GCV). This agreement marks a significant milestone in IRM Energy's strategic growth, ensuring stable and cost-effective energy supplies for its customers.

This partnership with Shell, a global leader in LNG supply, is expected to strengthen IRM Energy?s ability to provide cleaner and more affordable fuel solutions, contributing to India?s energy security and sustainability goals.

The agreement is set to play a pivotal role in ensuring consistent RLNG availability, supporting the industrial and commercial segments. By leveraging Shell?s global expertise in LNG, IRM Energy aims to enhance its service capabilities, helping businesses transition towards greener energy alternatives and reducing their carbon footprint.

Manoj Kumar Sharma, CEO of IRM Energy, said, ?This agreement is a testament to our commitment to providing sustainable and affordable energy solutions to our valued customers. With this partnership, we are confident in ensuring stable gas supplies that will support economic development and clean energy adoption.?

IRM Energy is a gas distribution company involved in the development, operation, and expansion of a local natural gas distribution network.

The company?s consolidated net profit fell 57.5% to Rs 10.10 crore on a 10.9% increase in revenue from operations to Rs 250.75 crore in Q3 FY25, compared to Q3 FY24.

Powered by Capital Market - Live News

IRM Energy has reached a significant milestone with the inauguration of its 100th Compressed Natural Gas (CNG) station on Saturday, March 8, 2025, at Banaskantha, Gujarat, India.

This achievement reflects its strong commitment to strengthening green energy infrastructure in its authorised geographical areas and driving the transition towards sustainable and eco-friendly transportation solutions.

Powered by Capital Market - Live News