Indraprastha Gas Limited (Special situation/Long term)

IGL Ratings Reaffirmed by ICRA:
https://www.icra.in/Rationale/ShowRationaleReport/?Id=97001

ICRA notes that the sales volumes of the company across all segments barring PNG (domestic) have been adversely impacted due to the Covid-19 pandemic. However, with the easing of lockdowns volumes across most segments (barring commercial) have largely recovered and the company expects the impact on aggregate volumes in FY2021 to be less than 10% of its FY2019 volumes.

1 Like