Adani Total Gas Ltd, one of India’s leading city gas distribution (CGD) companies engaged in the supply of compressed natural gas (CNG) and piped natural gas (PNG), reported a 14 per cent year-on-year decline in consolidated profit to ₹142 crore for the first quarter of FY27, compared with ₹165 crore in the April-June quarter of the previous fiscal.
The profit attributable to owners of the parent stood at ₹142 crore during the quarter. The company said elevated gas costs due to the West Asia crisis, an increase in the APM gas price ceiling and currency depreciation pushed natural gas procurement costs up 39 per cent year-on-year. It added that it adopted a calibrated approach to pass on the higher gas costs to consumers to sustain volume growth. Adani Total Gas operates in a single business segment, which includes the sale and distribution of natural gas. The company’s operations are focused on providing natural gas distribution services across its operating areas.
The company’s revenue from operations, however, increased 27 per cent year-on-year to ₹1,907 crore during the period. On a standalone basis, the company reported a 13 per cent year-on-year increase in gas sales volume to 303 million standard cubic metres (MSCM), driven by an 18 per cent rise in CNG volumes and a 4 per cent increase in PNG volumes. Standalone revenue rose 27 per cent to ₹1,910 crore, while EBITDA declined 7 per cent to ₹281 crore.
During the quarter, Adani Total Gas expanded its CNG network to 707 stations by adding five new outlets and increased its PNG household connections to about 11.41 lakh after adding 38,243 new homes. Its EV charging network also expanded to 5,306 charging points across 26 States and Union Territories.
Shares of Adani Total Gas closed 1.87 percent lower at ₹699.35 on the BSE on Tuesday.
TABLE:
Q1FY26 Q1FY27 % change
Revenue from Operations ₹1,498 cr ₹1,907 cr 27%
Net Profit ₹165 cr ₹142 cr (-14%)
Published on July 21, 2026
