Indraprastha Gas is expected to post net profit at Rs 115.6 crore in January-March quarter from Rs 95.88 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, the company's total income may increase to Rs 955 crore against Rs 916.8 crore.
During the period, EBIDTA may be at Rs 201.2 crore compared to Rs 175.8 crore while EBIDTA margin may stand at 21.1 percent versus 19.2 percent year-on-year.
The company is likely to see strong volume growth aided by the Delhi even-odd rule aiding CNG volumes and better offtake in the PNG segment. IGL's CNG volume growth has seen some uptick in the last two quarters; PNG segment volumes have also increased
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