Indraprastha Gas (IGL) has reported a muted Q2FY23 with 14.6% QoQ decline (- 0.5% YoY) in EBITDA and 1.1% QoQ decline (up 3.9% YoY) in net earnings to Rs5.3bn and Rs4.2bn, respectively (I-Sec estimates EBITDA of Rs6.3bn, PAT of Rs4.43bn).