Yes. I have three questions. So first one is on this LPG losses only. So, I think, a couple of years back also you brought around INR22,000 crores that was like given as a onetime settlement. So who basically goes for this. Is it you or is it MOP&NG who goes to the Finance Ministry, what is the run up to this declaration of onetime compensation for loss in LPG?
Is it now with the Finance Ministry this request? Or is it just with…
Good afternoon Sir. Sorry I actually joined in a bit late, so I am not sure whether it has been covered in the opening remarks or not . But your GRM have been like quite steady so just wanted to know was there any specific factors during Q3 and was there directionally any inventory gain impact as one of your peers have reported?
Any specific factor during this quarter, during Q3?
Congratulations on good numbers. So, I have three questions. The first one is on your balance sheet. I think your creditors as well as other current liabilities both have gone up significantly, which has led to this cash generation. So, any specific reason behind that? Anything like any one-offs? Or do you think it is sustainable?
So, this is like your net debt has actually become zero on this…
So, I have two questions. Firstly, with respect to the current utilization of Dahej terminal and Kochi terminal, and what is the volume expectation for FY’25 in particular. And the fact that, in yesterday in one media report, the MD has stated that this year, the LNG demand could be like close to 27 million tonnes so versus say 22 million tonne last year. So, any comment on that?
Currently what would be the utilization?
So just one question. So given that I think for the next like 5 months, 6 months or so there could be some sort of stabilization which should still be going on because I think in Vizag, I think the bottoms upgrade, hookup will also probably like have some impact on the existing operations. So do you see that the GRM underperformance versus, say, your peers could continue for a couple of quarters or because of this intermediate product adjustment, do you think that there could be a sharp recovery?
Okay. Got it. So just this bottom upgradation, you gave some gu idance of like USD2 to USD 3 of like GRM addition from that on absolute terms. So does it -- that holds or has there been any change on that?
Sir, I have a few questions. Firstly, the entire increase in provision in the dry well write -off is basically this Rs. 258 crores. This is on which asset?
This will keep fluctuating, right? I mean, there is no particular trend.
Yes good morning Sir so I have few questions. First one is relating to the windfall tax so what we have seen is that in the last some of the quarters whatever rate the government basically gives the book rate which comes dividing your number with the crude production is generally lower so I asked this question to ONGC also they said that some inventory-related adjustments could have happened, so we were like assuming that but this quarter I think the rate basically was higher so is there any accounting-related adjustment or anything you want to say on this?
Right Sir so secondly on gas pricing premium from APM Fields so any update on that the committee was supposed to look into it?
Good afternoon Sir and congratulations on good set of numbers. So I have two questions. The first one is relating to marketing so from what we understand generally the marketing margin in APM gases something like Rs.200/MSCM which is like around $0.1 per MMBTU and in LNG it ranges somewhere around 20 cents per MMBTU, so if we do a rough cut calculation we can end up at around Rs.2000 Crores to Rs.2500 Crores kind of marketing EBITA for the year so I am just wondering that when you are like sighting Rs.4000 Crores so does it mean that any of this arbitrage opportunity. They are like more recurring in nature or do you think has there been any like material increase in gas marketing margin or anything of that sort that has happened?
Right in marketing volumes will also grow by around 5% to 6% or it will be even more than that?
Congratulations on good set of numbers. So, I have 2 sets of questions. The first one is relating to UEPL. Unison -- so you mentioned that currently, the volumes are around 0.13 mmscmd. So, what has been the growth like in the last 1 year for UEPL?
Okay. So , 20% sort of growth is the current recurring growth, which is happening for this company, right? Okay. Secondly, an y profitability numbers, etcetera, can you share? I don't know whether you would be able to, but is it possible to give 9 months PAT or EBITDA or something of that sort for UEPL?
Two questions from my side. First is we have seen that you cut the prices and there's been some sort of like volume growth which has happened. So , is the Mumbai market showing some sort of good price elasticity in terms of CNG demand in particular?
With this recent price cut to 76, are we at a 10-11 sort of EBITDA per SCM, any idea on that?
Yes, good afternoon, sir. So, I have two sets of questions. The first one is relating to the EV policy 2.0 and CAQM's order on interstate, intercity buses. So, how do you see that affecting the bus and the private vehicle volumes of IGL? Any comment you would like to make on that?
So, in the next three years, four years, there will be some kind of like demand coming from this segment, right?