Adani Total Gas Q1 Profit Drops 14%
Adani Total Gas reported Q1 revenue from operations of ₹19.07 billion, up 27% year-on-year, as demand for CNG and PNG supports growth. Consolidated net profit for the quarter fell to ₹1.42 billion from ₹1.65 billion a year earlier, reflecting higher gas procurement and operating costs. EBITDA stood at ₹2.70 billion with an EBITDA margin of 14.2%, down from the previous quarter due to rising input costs. Total costs rose to about ₹17.40 billion, driven by higher raw material and distribution expenses, squeezing margins. The company continues expanding its nationwide CNG/PNG distribution network and is pursuing capital expenditure across geographies, including green mobility initiatives like EV charging and biogas integration. Standalone figures also show lower EPS year-on-year, with consolidated EPS at ₹1.29 for the quarter.
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