Adani Total Gas Q4 FY26 profit up 9%, revenue jumps 16.6% on gas volumes
Synopsis
Adani Total Gas posted a 9% profit jump and a 16.6% revenue surge in Q4 FY26, powered by a 13% rise in gas volumes and a rapidly expanding CNG and PNG network. With EV charging points crossing 5,100 and annual volumes hitting 1,133 MMSCM, ATGL is positioning itself as a multi-energy clean mobility player — not just a gas distributor.
Key Takeaways
Adani Total Gas (ATGL) reported a net profit of ₹168.34 crore in Q4 FY26 , up 9% year-on-year .
Revenue from operations rose 16.62% to ₹1,694.61 crore in the same quarter.
Total gas volumes in Q4 reached 297 MMSCM , a 13% year-on-year increase.
Full-year FY26 volumes grew 14% to 1,133 MMSCM ; annual EBITDA up 5% to ₹1,225 crore .
CNG network expanded to 705 stations ; PNG household connections reached approximately 1.1 million .
EV charging points crossed 5,100 , reinforcing ATGL's clean mobility push.
Adani Total Gas Limited (ATGL) on Monday, 28 April 2025, reported a 9% year-on-year rise in consolidated net profit for the fourth quarter of FY26 (ended 31 March 2025), driven by robust gas volume growth and continued network expansion across segments.
Quarterly Financial Highlights
ATGL recorded a consolidated net profit of ₹168.34 crore in Q4 FY26, up from ₹154.59 crore in Q4 FY25, according to the company's stock exchange filing. On a sequential basis, profit rose 8% from ₹157.22 crore reported in the December 2024 quarter.
Revenue from operations climbed 16.62% year-on-year to ₹1,694.61 crore, compared to ₹1,453.37 crore a year earlier, supported by higher gas consumption and broad-based segment expansion. Earnings before interest, tax, depreciation, and amortisation (EBITDA) for the quarter rose 13% year-on-year to ₹310 crore.
Volume Growth and Full-Year Performance
Total gas volumes in Q4 FY26 reached 297 MMSCM, marking a 13% year-on-year increase. For the full financial year FY26, volumes grew 14% to 1,133 MMSCM, while annual EBITDA expanded 5% to ₹1,225 crore.
This comes amid a broader push by city gas distribution companies to deepen penetration across residential, industrial, and commercial segments as India accelerates its transition toward cleaner fuels.
Network and Infrastructure Expansion
ATGL continued to scale its distribution network during the year. Its compressed natural gas (CNG) station network expanded to 705 stations with the addition of 25 new outlets. Piped natural gas (PNG) household connections grew to approximately 1.1 million, including nearly 49,500 new homes added during the period. Industrial and commercial customer connections rose to 9,965, with 214 new customers onboarded.
On the infrastructure side, the company completed approximately 15,572 inch-kilometres of steel pipeline network and commissioned nine additional City Gate Stations (CGS) along with one LCNG plant, enabling gas supply to new geographical areas.
EV Ecosystem and ESG Credentials
In line with its clean mobility ambitions, ATGL significantly expanded its electric vehicle ecosystem, with EV charging points crossing the 5,100 mark. The company also improved its environmental, social, and governance (ESG) ratings from CareEdge and the National Stock Exchange (NSE).
CEO and Executive Director Suresh P. Manglani said the company delivered
Point of View
But the more telling story is in the mix: a gas distribution company now counting EV charging points as a headline metric. The pivot toward clean mobility infrastructure — alongside a 5,100-strong EV charging network — signals that city gas distributors are hedging against long-term CNG demand risk as EV adoption accelerates. The 5% full-year EBITDA growth, however, trails the 14% volume surge, pointing to margin compression that warrants scrutiny. As input gas prices remain a regulatory variable, ATGL's profitability trajectory will depend as much on policy as on operational execution.
NationPress
1 May 2026
Frequently Asked Questions
What were Adani Total Gas's Q4 FY26 financial results?
Adani Total Gas reported a net profit of ₹168.34 crore in Q4 FY26, up 9% year-on-year, with revenue from operations rising 16.62% to ₹1,694.61 crore. EBITDA for the quarter grew 13% to ₹310 crore.
How much did Adani Total Gas volumes grow in FY26?
Total gas volumes in Q4 FY26 reached 297 MMSCM, up 13% year-on-year. For the full financial year FY26, volumes grew 14% to 1,133 MMSCM.
How has Adani Total Gas expanded its CNG and PNG network?
ATGL expanded its CNG station network to 705 stations with 25 new outlets added, while PNG household connections grew to approximately 1.1 million, including nearly 49,500 new homes. Industrial and commercial connections rose to 9,965.
What is Adani Total Gas doing in the EV space?
ATGL has expanded its electric vehicle ecosystem, with EV charging points crossing 5,100. This is part of the company's broader clean mobility ambitions alongside its traditional CNG and PNG business.
What did ATGL's CEO say about Q4 FY26 performance?
CEO and Executive Director Suresh P. Manglani stated that the company delivered strong double-digit growth in volumes and revenues, driven by operational excellence and digital enablement.
