Other income of the company fell to Rs 31.26 crore compared to Rs 38.11 crore in Q4FY19. Interest cost was Rs 2.67 crore compared to Rs 0.02 crore in the corresponding previous year period. Depreciation rose 25% to Rs 65.51 crore. PBT as a result rose 7% to Rs 339.82 crore. The effective tax rate fell 430 bps to 28.7% post, which the companys net profit was up 14% at Rs 242.17 crore. Further considering share of profit of associate net profit rose 27% to Rs 290.76 crore
During Q4FY20, CNG sales volume has decreased by 1% to 291 MMSCM and PNG sales volumes increased by 6% over Q4 of FY19 to 158 MMSCM. On an overall basis there is 1% decrease in sales volume during this quarter to 567 MMSCM over corresponding quarter of FY19.
Performance for year ended Mar20
For year ended Mar20, Net sales of the company excluding excise duty rose 12% to Rs 6485.27 crore compared to corresponding previous year quarter.
Operating margins of the company rose 160 bps to 23.4%. As a result operating profit of the company rose 21% to Rs 1519.64 crore.
Other income of the company rose 11% to Rs 143.18 crore compared to Rs 128.45 crore in FY19. Interest cost was Rs 8.12 crore compared to Rs 2.05 crore in the corresponding previous year period. Depreciation rose 25% to Rs 252.25 crore. PBT as a result rose 19% to Rs 1402.45 crore. The effective tax rate fell 1420 bps to 21.9% post, which the companys PAT was up 45% at Rs 1094.94 crore. Further considering share of profit of associate net profit rose 48% to Rs 1248.99 crore
The scrip is currently trading at Rs 454 on the BSE.
Indraprastha Gas : Results
|Particulars||2003 (3)||1903 (3)||Var. (%)||2003 (12)||1903 (12)||Var. (%)|
|Income from Operations||1,552.53||1,542.64||1||6485.27||5764.84||12|
|Share of profit of Associates||48.59||15.76||208||154.05||86.96||77|
|EPS on current equity of Rs 140.00 crore. Face Value: Rs 2 each |
# EPS not annualized due to seasonality of business
LP: Loss to Profit PL: Profit to Loss;EO: Extraordinary items
Var. (%) exceeding 999 has been truncated to 999
EPS is calculated after excluding EO and relevant tax
Figures in Rs crore
Source: Capitaline Corporate Database
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