Indraprastha Gas Ltd (IGL) Q3FY25 Concall Summary - Dec-2024 Qtr
Performance Overview
- Indraprastha Gas Ltd (IGL) faced challenges in Q3 FY25 due to significant reductions in APM gas supply, impacting gas procurement.
- IGL proactively secured additional gas volumes at competitive prices, including 1 MMSCMD linked to Henry Hub and 0.65 MMSCMD linked to a mix of Henry Hub and Brent.
- Sales volume achieved 9.11 MMSCMD, a 7% Y-o-Y growth, with CNG growing by 6% and PNG by 12%.
- Industrial PNG sales crossed the 1 million mark, a significant milestone.
- IGL expects to exit FY25 with 9.5 MMSCMD sales and reach 10.5 MMSCMD within a year.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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