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Mahanagar gas: Industrial sale margins improve
Feb 27: Mahanagar Gas Ltd has recorded higher earnings from gas sales to industrial consumers after substitute liquid fuel prices have gone up subsequent to the increase in crude prices
8Industrial sale margins have improved particularly in October, November, December.
8Restaurant category sales have gone up sharply too
8The use of gas in two wheelers, which is cost economical to petrol, is likely to boost gas volumes in the future.
8Find out more, including the cost economics of a switch from petrol to gas for two wheelers
8The company's capex is around Rs 200 crore in the current year and is pegged at Rs. 225 crore in 2018, indicating significant business development opportunities for equipment and service suppliers
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