A potential further spike in domestic gas price in FY23 remains a key overhang in the near future
The impact of higher gas prices was visible in the December quarter (Q3FY22) earnings of city gas distribution companies Indraprastha Gas Ltd (IGL) and Mahanagar Gas Ltd (MGL). Q3 margins came under pressure even as improving gas sales volume and price hikes offset the pain of higher gas cost to some extent.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.