Higher domestic gas prices (+18% YoY)
IGL’s 1QFY19 revenue came in at Rs 12.87bn, up 22.7% YoY led by 13.2% YoY increase in volumes to 5.55mmscmd and 8.4% YoY increase in realisation to Rs 25.5/scm. Higher domestic gas prices (+18% YoY), RLNG prices and depreciation of rupee had resulted in increase in raw material prices. Raw material prices were up 35% YoY to Rs 7.42bn.
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