EBIDTA declined to Rs 428.47 crore in Q3 FY23 from Rs 469.61 crore in Q3 FY22. EBIDTA margin slipped to 12% as on 31 December 2022 as compared with 21% as on 31 December 2021.
Total volumes rose by 6% to 747.06 million in Q3 FY23 from 704.28 million in Q3 FY22. CNG sales volume stood at 558.76 SCM million (up 8% YoY) while total PNG sales volume aggregated to 188.30 SCM million (up 1% YoY) during the period under review.
Meanwhile, the board of directors has declared interim dividend of Rs 3 per equity share of the company for the financial year 2022-23. The record date for the same has been fixed on 7 February 2023.
Indraprastha Gas is a natural gas distribution company. It supplies natural gas as cooking and vehicular fuel.