Indraprastha Gas Reports EBITDA Loss as Gas Costs Rise
Indraprastha Gas reported an EBITDA loss of INR-0.3bn, below estimates, as gas costs increased 22.0% quarter over quarter and 47.9% year over year. EBITDA per scm fell to INR-0.3/scm.
Prabhudas Lilladher's research report on Indraprastha GasIGL reported an EBITDA loss of INR-0.3bn, below est. (PLe: INR2.2bn; BBGe: INR3.4bn), due to 22.0%/47.9% QoQ/YoY increase in gas costs. As a result, EBITDA/scm declined to INR-0.3/scm (PLe: INR2.4/scm) from INR3.4/scm/INR5.2/scm in Q1FY27/Q2F…