If you go back over the last three years, we had a great macro trade with no micro which is earnings support coming through. Essentially, we would start from 4 lakh crore move it up to Rs 480000 crore and Rs 480000 going to Rs 550000 or 580000 crore. Cumulatively, the profit pool of the gas utility companies only about Rs 6000 crore. The second positive is that India already has a lot of infrastructure that gas companies have built up. We are now going to start seeing about three or four big fertiliser plans which are going to consume gas.
Source: Economic Times December 27, 2017 11:28 UTC