'Net
sales (including other operating income) of Adani Total Gas has increased
20.35% to Rs 1378.58 crore on account of the higher volume, primarily on CNG
segment. Besides higher volume, the gas
cost increased by 31% largely due to the lower allocation of APM to CNG segment
being replaced by high priced New well gas and HPHT (natural gas extracted from
high pressure, high temperature) gas. CNG Volume increased by 21% Y-o-Y on
account of higher penetration of CNG network expansion across multiple GAs. With
the addition of new PNG connections, PNG Volume has increased by 6% Y-o-Y.
Overall volume has increased by 16% Y-o-Y
Operating
profit margin has declined from 25.88% to 21.27%, leading to 1.11% decline in
operating profit to Rs 293.18 crore.
Raw
material cost as a % of total sales (net of stock adjustments) increased from
62.09% to 67.56%. Employee cost
decreased from 1.29% to 0.99%. &nbs...
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