<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from Indiana
Energy, Inc.'s consolidated financial statements as of March 31, 1995, and for
the six months then ended and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-END>                               MAR-31-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      542,886
<OTHER-PROPERTY-AND-INVEST>                      6,728
<TOTAL-CURRENT-ASSETS>                         105,247
<TOTAL-DEFERRED-CHARGES>                        19,503
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                                 674,364
<COMMON>                                       144,806
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                            147,783
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 292,589
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<LONG-TERM-DEBT-NET>                           155,584
<SHORT-TERM-NOTES>                              15,900
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                      213
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 210,078
<TOT-CAPITALIZATION-AND-LIAB>                  674,364
<GROSS-OPERATING-REVENUE>                      263,530
<INCOME-TAX-EXPENSE>                            19,204
<OTHER-OPERATING-EXPENSES>                     205,066
<TOTAL-OPERATING-EXPENSES>                     224,270
<OPERATING-INCOME-LOSS>                         39,260
<OTHER-INCOME-NET>                               1,513
<INCOME-BEFORE-INTEREST-EXPEN>                  40,773
<TOTAL-INTEREST-EXPENSE>                         7,823
<NET-INCOME>                                    32,950
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                   32,950
<COMMON-STOCK-DIVIDENDS>                        11,897
<TOTAL-INTEREST-ON-BONDS>                        6,556
<CASH-FLOW-OPERATIONS>                          60,681
<EPS-PRIMARY>                                     1.46
<EPS-DILUTED>                                     1.46