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Indraprastha Gas gains after Q1 PAT rises 72% YoY; gas volumes up 48% YoY

10 Aug 2022 , 10:23 AM

EBIDTA improved by 62% to Rs 617.51 crore in Q1 FY23 from Rs 380.86 crore in Q1 FY22. EBIDTA margin was 19% in Q1 FY23 as against 30% in Q1 FY22. Total volumes jumped by 48% to 717.84 million in Q1 FY23 from 483.77 million in Q1 FY22. CNG sales volume stood at 539.80 SCM million (up 63% YoY) while total PNG sales volume aggregated to 178.04 SCM million (up 17% YoY) during the period under review. Indraprastha Gas is a natural gas distribution company. It supplies natural gas as cooking and vehicular fuel. Powered by Capital Market – Live News

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