Adani Total Gas share price zooms 9.5%; here is how the stock fared in past 12 months

The stock of the company rallied as much as 9.58% to ₹621 on the NSE during the intraday session.

The stock saw a spurt in volume by more than 10.81 times on the BSE.

Adani Total Gas Q2 FY26 earnings

Adani Total Gas, which is the city gas joint venture between Adani Group and TotalEnergies of France, reported a 9% fall in its September quarter (Q2 FY26) net profit on a rise in input gas prices.

Net profit stood at ₹162 crore in July-September – the second quarter of the 2025-26 fiscal year – compared with ₹178 crore earnings in the same period last year, according to a company statement.

The cost of gas, which the firm turns into CNG for sale as fuel to automobiles and pipes to household kitchens for cooking, rose 26% in the quarter as the company had to make up for lower allocation of below-market-priced APM gas with high-priced alternatives.

A fall in production of gas from legacy fields, called the APM gas, of state-owned ONGC, led to city gas retailers like ATGL looking at expensive alternative fuels such as those coming from higher-priced, difficult fields and imported LNG.

"To ensure volume growth, ATGL took a calibrated approach in passing on the higher price to consumers," it said, indicating not all of the input price increase has been passed on to consumers.

Revenue from operations rose 19% to ₹1,569 crore.

The company sold 18% more CNG at 191 million standard cubic metres and 11% more piped natural gas at 89 mmscm during the quarter.

Adani Total Gas holds the city gas licence for 34 geographical areas. It has a licence for another 19 GAs in a joint venture with Indian Oil Corporation (IOC) called Indian Oil-Adani Gas Private Limited (IOAGPL).

Adani Total Gas stock performance

Shares of the company have gained over 3% in the past five sessions (as of the noon session on January 1, 2026). However, it has slipped 2.5% over the past 30 days, 11% in the past six months, and 21% in the past 12 months.