Did Adani Total Gas Achieve an 11% Profit Growth in Q3?
Synopsis
Adani Total Gas has showcased remarkable financial growth in Q3 FY26, achieving an 11% profit increase and a 17% rise in revenue. This positive performance reflects the company's effective strategies in managing gas supplies, even amid market challenges. Learn more about ATGL's expansion and operational successes in this insightful update.
Key Takeaways
11% increase in consolidated net profit for Q3 FY26.
17% rise in revenue from operations.
Standalone combined volume of 289 MMSCM , a 12% increase .
Expansion of 18 new CNG stations .
Successful management of supply challenges and costs.
Ahmedabad, Jan 22 (NationPress) Adani Total Gas (ATGL) announced an impressive 11% increase in its consolidated net profit for the third quarter ending in December (Q3 FY26) on Thursday.
The net profit for this quarter reached Rs 159 crore, compared to Rs 142.38 crore reported in the same quarter of the previous financial year (Q3 FY25), as per its filing with the stock exchange.
During this period, the company experienced robust revenue growth, with Q3 FY26 revenues soaring to Rs 1,631 crore, reflecting a 17% rise from Rs 1,400.88 crore in the equivalent quarter of the last fiscal year.
“The ATGL team has once again showcased a solid performance with double-digit growth in volumes, revenue, and EBITDA,” stated Suresh P. Manglani, CEO and Executive Director of ATGL.
“Even with ongoing challenges such as reduced availability of APM gas and increased prices for Henry Hub-linked RLNG, our diverse sourcing strategy allowed us to efficiently manage our gas supplies and ensure seamless access to PNG and CNG for our customers,” Manglani added.
In Q3 FY26, ATGL’s standalone combined volume of CNG and PNG reached 289 million standard cubic meters (MMSCM), which is a 12% increase year-on-year.
The company expanded its network by adding 18 new CNG stations, bringing the total to 680 stations. Additionally, household PNG connections rose to 10.5 lakh, with more than 34,000 new homes added during the quarter.
Connections for industrial and commercial users also saw growth, with 148 new customers, bringing the total to 9,751, according to the statement.
ATGL’s operational reach through its joint venture, IOAGPL, experienced even more substantial growth.
Combined volumes hit 460 MMSCM, an increase of 15% year-on-year. The CNG network grew to 1,120 stations with 41 new additions, while household PNG connections surpassed 12.5 lakh, catering to over 4 million people daily.
Connections for industrial and commercial applications climbed to 11,106, with 222 new customers. The company has successfully constructed 27,011 inch-kilometers of steel pipeline network throughout India.
Financially, ATGL’s EBITDA for Q3 FY26 increased to Rs 314 crore, while the total for the nine months reached Rs 919 crore.
Despite challenges in supply due to a 41% allocation of CNG APM and rising costs from alternative sources such as New Well Gas, HPHT, and RLNG, the company ensured uninterrupted service for all its customers.
Point of View
Adani Total Gas's recent performance highlights the resilience and adaptability of companies facing supply challenges. The reported profit and revenue increases signify a well-executed strategy, ensuring that the company remains a key player in the gas distribution industry. As we witness ongoing developments, it’s crucial to monitor how such companies navigate market dynamics.
NationPress
20 Jun 2026
Frequently Asked Questions
What was the net profit for Adani Total Gas in Q3 FY26?
Adani Total Gas reported a net profit of Rs 159 crore for the third quarter ended December FY26.
How much did the revenue increase in Q3 FY26?
The revenue from operations for Q3 FY26 increased by 17%, amounting to Rs 1,631 crore.
What challenges did Adani Total Gas face in Q3 FY26?
The company faced challenges related to lower availability of APM gas and higher prices for Henry Hub-linked RLNG.
How many CNG stations does Adani Total Gas have now?
Adani Total Gas has expanded its CNG network to a total of 680 stations.
What is the impact of ATGL's performance on the energy sector?
ATGL's performance highlights its adaptability and resilience, showcasing effective strategies in managing gas supplies amidst market challenges.
