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Reading: Adani Total Gas Q1 Results: Cons PAT down 4% YoY to Rs 165 crore but revenue rises 21%
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Viral Trending content > Blog > Business > Adani Total Gas Q1 Results: Cons PAT down 4% YoY to Rs 165 crore but revenue rises 21%
Business

Adani Total Gas Q1 Results: Cons PAT down 4% YoY to Rs 165 crore but revenue rises 21%

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Adani Total Gas (ATGL) on Monday reported a 4% fall in its Q1 consolidated net profit to Rs 165 crore versus Rs 172 crore in the year ago period. The profit after tax (PAT) is attributable to the shareholders of the company.

Contents
Live EventsAdani Total Gas (ATGL) and Jio-bp partnership

The company’s revenue from operation stood at Rs 1,498 crore which was up 21% from Rs 1,239 crore reported in the corresponding quarter of the last financial year.

The PAT was 7% higher on a quarter-on-quarter basis over Rs 155 crore reported in Q4FY25. The topline was 3% up versus Rs 1,453 crore in the January-March quarter of FY25.

The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) for the quarter stood at Rs 301 crore and the installed EV charging points increased to 3,801.

In its filing to the exchanges, ATGL said that the overall volume was up by 16% in Q1 FY26 on a YoY basis. The CNG network increased to 650 stations, adding 3 stations while the PNG household increased to 9.90 lakh PNG homes, an addition of 26,869 new homes.

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The company increased industrial & commercial connections to 9,456 with 157 new customers added in the quarter under review.It completed a cumulative 14,197 Inch Km of Steel Pipeline network. The combined CNG and PNG volume of 267 MMSCM was recorded, an increase of 16%, YoY.The combined supply of APM and New Well Gas (NWG) / Intervention Gas for the CNG segment was at 61%.

Adani Total Gas (ATGL) and Jio-bp partnership

ATGL and Jio-bp (operating brand of Reliance BP Mobility Limited) signed an agreement to provide Fuel Offerings to consumers. Under this partnership, select ATGL fuel outlets will offer Jio-bp’s high-performance liquid fuels (petrol and diesel), while within ATGL’s authorised Geographical areas, select Jio-bp fuel outlets will integrate ATGL’s CNG dispensing units, thus enhancing the supply of high-quality fuels to transport consumers.

Commenting on the results, ED & CEO Suresh P Manglani said, “During the quarter, we achieved a robust year-on-year volume growth of 16%, driven by a 21% increase in CNG volumes. We are continuing expansion of our CGD networks across all 34 Geographical Areas (GAs) with over 14,000 inch-km of backbone steel pipelines, 650 CNG stations and are very close to touching 1 million consumers base. EV charging points have increased to over 3,800. This all-round superior performance was delivered while APM gas allocation for CNG was at 43% and the balance supplies were being offset with allocation of higher priced new wells and HPHT (High Pressure High Temperature) gas.

“Looking ahead, we are focused on expanding not only our CGD infrastructure across our geographical areas but also our LNG, e-mobility solutions, and CBG (Compressed Biogas) businesses. During the quarter, we commissioned our first CBG station in Haryana,” he added.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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