'Adani
Total Gas consolidated net sales increased 4.58% to Rs 1156.14 crore during
Q3FY24 compared to Q3FY23. Operating profit margin has jumped from 20.80% to
24.91%, leading to 25.26% rise in operating profit to Rs 288.03 crore. Raw material cost as a % of total sales (net
of stock adjustments) decreased from 70.19% to 63.75%. Employee cost decreased from 1.50% to
1.44%. Other expenses rose from 7.49%
to 9.94%.
CNG
Volume has increased by 24% Y-o-Y on account of reduction in CNG prices along
with network expansion of CNG stations. PNG Volume has increased by 15% Y-o-Y
mainly due to recovery in PNG industrial volume as ATGL offered better price
proposition to its consumers.
Other
income rose 51.65% to Rs 12.42 crore.
PBIDT rose 26.17% to Rs 300.45 crore.
Provision for interest rose 397.62% to Rs...
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