NIFTY 50

Confident of maintaining more than 10% volume growth for FY19, says Gujarat Gas

Updated : May 30, 2018 01:39 PM IST

Ahmedabad-based Gujarat Gas witnessed a good fourth-quarter, with the natural gas distribution company posting strong volumes - highest in nine quarters.

Nitin Patil, chief executive officer of Gujarat Gas shared his readings and outlook.

“We are very confident we can maintain that growth, more than 10 percent,” he said.

“Our industrial prices are 80-90 percent dollar-based, so all the dollar shocks are being passed on,” he added.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV