Laugfs Gas on growth track

Laugfs Gas, the sole privately owned gas player in the country is poised to deliver an earnings CAGR of 15% FY13-16E steered by greater affordability and room for market penetration driving volume CAGR by 9% for FY13-FY16E. LGL’s cost plus 30% margin price agreement with the CAA via an order by the Supreme Court is expected to support sustained profitability.

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