{"id":641108,"date":"2024-04-08T10:09:56","date_gmt":"2024-04-08T04:39:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=641108"},"modified":"2024-04-08T11:16:16","modified_gmt":"2024-04-08T05:46:16","slug":"gas-utilities-to-register-strong-q4fy24-on-healthy-volumes-lower-cost","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gas-utilities-to-register-strong-q4fy24-on-healthy-volumes-lower-cost\/","title":{"rendered":"Gas utilities to register strong Q4FY24 on healthy volumes, lower cost"},"content":{"rendered":"<p>India\u2019s gas utilities and city gas distribution companies are expected to end the financial year 2023-24 with healthy growth primarily on the back of lower costs of gas and stronger volumes, as per analysts. <\/p>\n<p>\u201cLower gas costs, stronger volumes, offset by Rs 4-12 per kg price cut taken in CNG (compressed natural gas) by Indraprastha Gas Ltd (IGL) and Mahanagar Gas Ltd (MGL) may drive a steady 11% on year improvement in EBITDA and 7% on year jump in PAT (profit after tax) for CGDs,\u201d said ICICI Securities in its preview.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s gas utilities and city gas distribution companies are expected to end the financial year 2023-24 with healthy growth primarily on the back of lower costs of gas and stronger volumes, as per analysts. \u201cLower gas costs, stronger volumes, offset by Rs 4-12 per kg price cut taken in CNG (compressed natural gas) by Indraprastha Gas Ltd (IGL) and Mahanagar Gas Ltd (MGL) may drive a steady 11% on year improvement in EBITDA and 7% on year jump in PAT (profit after tax) for CGDs,\u201d said ICICI Securities in its preview.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-641108","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/641108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=641108"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/641108\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=641108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=641108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=641108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}