Other income of the company rose to Rs 37.56 crore compared to Rs 33.95 crore in Q3FY'19. Interest cost was Rs 2.01 crore compared to Rs 0.91 crore in the corresponding previous year period. Depreciation rose 25% to Rs 64.13 crore. PBT as a result rose 20% to Rs 363.22 crore. The effective tax rate fell 1140 bps to 26.2% post, which the company's net profit was up 43% at Rs 267.93 crore. Further considering share of profit of associate net profit rose 35% to Rs 297.37 crore

During Q3FY20, CNG sales volume has increased by 9% to 317.76 MMSCM and PNG sales volumes increased by 18% over Q3 of FY19 to 163.8 MMSCM. On an overall basis there is 13% increase in sales volume during this quarter to 615.96 MMSCM over corresponding quarter of FY19.

Performance for nine months ended December 2019

For nine months ended December 2019, Net sales of the company excluding excise duty rose 17% to Rs 4932.74 crore compared to corresponding previous year quarter.

Operating margins of the company rose 110 bps to 23.2%. As a result operating profit of the company rose 23% to Rs 1142.9 crore.

Other income of the company rose 24% to Rs 111.92 crore compared to Rs 90.34 crore in 9MFY'19. Interest cost was Rs 5.45 crore compared to Rs 2.03 crore in the corresponding previous year period. Depreciation rose 25% to Rs 186.74 crore. PBT as a result rose 23% to Rs 1062.63 crore. The effective tax rate fell 1750 bps to 19.7% post, which the company's PAT was up 57% at Rs 852.77 crore. Further considering share of profit of associate net profit rose 56% to Rs 958.23 crore

The scrip is currently trading at Rs 510 on the BSE.