Adani Total Gas Q1 Result: Net profit jumps 4%, overall volume increases 16% YoY

The company’s revenue from operations also grew 21% year-on-year (YoY) to ₹1,498 crore as compared to ₹1,239 crore in the corresponding quarter of the previous fiscal year.

Its operating profit, or earnings before interest, taxes, depreciation, and amortisation (EBITDA), at the end of the quarter was at ₹294 crore as against ₹296 crore in Q1 FY25, marking a fall of 0.71%.

The margin, however, contracted to 19.6% in Q1 FY26 as compared to 23.89% YoY.

“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,” said Suresh P. Manglani, ED & CEO of Adani Total Gas.

The overall volume increased 16% in Q1 FY26 on a yearly basis, driven by a 21% increase in CNG volumes. During the quarter under review, Adani Total added 3 new CNG stations, with the total network reaching 650 stations. The company expanded PNG home connections to 9.90 lakh and also added 26,869 new homes on PNG.

The company’s combined supply of APM and New Well Gas (NWG), or Intervention Gas, for the CNG segment was at ~61% in Q1.

“As a result of our continued efforts to build a robust gas sourcing portfolio, enhanced operational efficiency, and digitalisation of processes, we have ensured 100% reliability of supply and continuation of prudent pricing to our consumers both for PNG and CNG. Happy to note that Team ATGL has delivered sustained stable EBITDA even as gas prices rose sharply year-on-year,” Manglani further said.

“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,” he added.

The recent partnership with Jio-bp, which will see both partners offering each other's fuel options at select outlets, is expected to help Adani Total accelerate the addition of DODO and CODO CNG stations with Jio-bp fuels across all 34 of our gas stations, the company said.

Ahead of the earnings, Adani Total Gas shares settled at ₹624 apiece on NSE, falling 0.02%.