Indraprastha Gas (IGL) is expected to report a profit after tax of Rs 62.1 crore in the third quarter of FY12, degrowth of 7.5% as compared to Rs 67.2 crore in a year ago quarter.
Sales are seen going up by 43% to Rs 650 crore from Rs 454.7 crore year-on-year.
Operating profit margin is expected to be at 21.5% versus 27.91% during the same period.
Expectations
* Topline driven by growth in CNG and PNG volumes
* Margin contraction on rupee depreciation and high cost LNG imports
* IGL passed on higher costs only towards the fag end of December
* EBITDA/scm seen expected to be down to Rs 4.5 from Rs 5.1 in Q2
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