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Business Standard
28-07-2025
- Business
- Business Standard
Adani-Total Gas Q1 net profit falls 8% on lower domestic gas availability
Adani Total Gas Ltd on Monday reported an 8 per cent fall in its June quarter net profit after a cut in supply of cheaper domestically produced gas led to higher input prices. Net profit was ₹162 crore in April-June - the first quarter of 2025-26 fiscal year - compared with ₹177 crore a year back, according to a company statement. Cost of natural gas, which the firm converts into CNG for sale to automobiles and pipes to household kitchens for cooking, rose 31 per cent to ₹1,049 crore in the quarter. This is because lower allocation of cheaper domestic gas, called APM for CNG segment, had to be replaced with high-priced gas from other sources. Revenue from operations rose by 21 per cent to ₹1,491 crore "on account of the higher volume, primarily on CNG segment," the firm said. During the quarter, the firm added one CNG station to take the network strength to 650 and expanded piped connection to 9.90 lakgh by adding 26,869 new homes. Combined CNG and piped natural gas (PNG) volume increased 16 per cent year-on-year to 267 million standard cubic meters, it said. On the recently signed partnership with Jio-bp - the operating brand of Reliance Industries and BP's fuel retailing joint venture, ATGL said its select fuel outlets will offer Jio-bp's high-performane petrol and diesel. Also, within ATGL's licensed areas, select Jio-bp petrol pumps will integrate ATGL's CNG dispensing units. "During the quarter, we achieved a robust year-on-year volume growth of 16 per cent, driven by a 21 per cent increase in CNG volumes. We are continuing expansion of our CGD networks across all 34 Geographical Areas (GAs) with over 14,000 inch-km of backbone steel pipelines, 650 CNG stations and are very close to touching 1 million consume₹base," said Suresh P Manglani, ED & CEO of Adani Total Gas Ltd (ATGL). He said EV charging points have increased to over 3,800. "This all-round superior performance was delivered while APM gas allocation for CNG was at 43 per cent (of the requirement) and the balance supplies were being offset with allocation of higher priced new wells and HPHT (High Pressure High Temperature) gas. 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 per cent reliability of supply and continuation of prudent pricing to our consume₹both for PNG and CNG," he said. On the way forward, he said ATGL is focused on expanding not only its city gas distribution (CGD) infrastructure across its licensed geographical areas but also LNG, e-mobility solutions, and CBG (Compressed Biogas) businesses. "During the quarter, we commissioned our first CBG station in Haryana. Additionally, our recent partnership with Jio-bp, which will see both partne₹offering each other's fuel options at select outlets, is expected to help us accelerate the addition of dealer-owned-dealer-operated (DODO) and company-owned-dealer-operated (CODO) CNG stations with Jio-bp fuels across all our 34 GAs," he said.
NDTV
28-07-2025
- Business
- NDTV
Adani Total Gas Clocks 21% Rise In Operational Revenue In Q1
Ahmedabad: Adani Total Gas Ltd (ATGL) on Monday reported revenue from operations at Rs 1,491 crore in the April-June quarter (Q1 FY26) -- up by 21 per cent -- as India's leading energy transition company achieved a robust year-on-year volume growth of 16 per cent, driven by a 21 per cent increase in CNG volumes. Its CNG stations network reached 650 stations across 34 Geographical Areas (GA) in the quarter, and over 9.9 lakh homes are now connected with Piped Natural Gas (PNG), the company said in a statement. With the addition of new PNG connections, PNG volume has increased by 6 per cent (on-year. The company increased Industrial and Commercial connections to 9,456, with 157 new customers added in the quarter ended June 30. "During the quarter, we achieved a robust year-on-year volume growth of 16 per cent, driven by a 21 per cent increase in CNG volumes. We are continuing expansion of our CGD networks across all 34 Geographical Areas (GAs) with over 14,000 inch-km of backbone steel pipelines, 650 CNG stations and are very close to touching 1 million consumers' base," said Suresh P Manglani, ED and CEO of Adani Total Gas. EV charging points have increased to over 3,800. This all-round superior performance was delivered while APM gas allocation for CNG was at 43 per cent, and the balance supplies were being offset with the allocation of higher-priced new wells and HPHT (High Pressure High Temperature) gas. "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 per cent 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 said. Besides higher volume, the gas cost increased by 31 per cent, largely due to the lower allocation of APM to the CNG segment being replaced by high-priced new well gas and HPHT gas. To ensure volume growth, the company took a calibrated approach in passing on the higher price to consumers. "We remain fully committed to supporting India's energy transition by providing low-carbon solutions across industrial, household, and transportation sectors," said Manglani.
Hans India
28-07-2025
- Business
- Hans India
Adani Total Gas clocks 21 pc rise in operational revenue in Q1, overall volume up by 16 pc
Adani Total Gas Ltd (ATGL) on Monday reported revenue from operations at Rs 1,491 crore in the April-June quarter (Q1 FY26) -- up by 21 per cent -- as India's leading energy transition company achieved a robust year-on-year volume growth of 16 per cent, driven by a 21 per cent increase in CNG volumes. Its CNG stations network reached 650 stations across 34 Geographical Areas (GA) in the quarter, and over 9.9 lakh homes are now connected with Piped Natural Gas (PNG), the company said in a statement. With the addition of new PNG connections, PNG volume has increased by 6 per cent (on-year. The company increased Industrial and Commercial connections to 9,456, with 157 new customers added in the quarter ended June 30. "During the quarter, we achieved a robust year-on-year volume growth of 16 per cent, driven by a 21 per cent increase in CNG volumes. We are continuing expansion of our CGD networks across all 34 Geographical Areas (GAs) with over 14,000 inch-km of backbone steel pipelines, 650 CNG stations and are very close to touching 1 million consumers' base," said Suresh P Manglani, ED and CEO of Adani Total Gas. EV charging points have increased to over 3,800. This all-round superior performance was delivered while APM gas allocation for CNG was at 43 per cent, and the balance supplies were being offset with the allocation of higher-priced new wells and HPHT (High Pressure High Temperature) gas. '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 per cent 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 said. Besides higher volume, the gas cost increased by 31 per cent, largely due to the lower allocation of APM to the CNG segment being replaced by high-priced new well gas and HPHT gas. To ensure volume growth, the company took a calibrated approach in passing on the higher price to consumers. "We remain fully committed to supporting India's energy transition by providing low-carbon solutions across industrial, household, and transportation sectors," said Manglani.
Time of India
28-07-2025
- Business
- Time of India
Adani Total Gas Q1 Results: Cons PAT down 4% YoY to Rs 165 crore but revenue rises 21%
Adani Total Gas (ATGL) on Monday reported a 4% fall in its Q1 consolidated net profit to Rs 165 crore versus Rs 172 crore in the year ago period. The profit after tax (PAT) is attributable to the shareholders of the company. The company's revenue from operation stood at Rs 1,498 crore which was up 21% from Rs 1,239 crore reported in the corresponding quarter of the last financial year. Explore courses from Top Institutes in Please select course: Select a Course Category others Healthcare Data Science MCA Artificial Intelligence Others Degree Cybersecurity Technology Project Management CXO Data Analytics healthcare Data Science Management Public Policy Leadership PGDM MBA Design Thinking Finance Product Management Digital Marketing Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT - ISB Cybersecurity for Leaders Program India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas In Dubai | Search Ads Get Rates Undo The PAT was 7% higher on a quarter-on-quarter basis over Rs 155 crore reported in Q4FY25. The topline was 3% up versus Rs 1,453 crore in the January-March quarter of FY25. The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) for the quarter stood at Rs 301 crore and the installed EV charging points increased to 3,801. In its filing to the exchanges, ATGL said that the overall volume was up by 16% in Q1 FY26 on a YoY basis. The CNG network increased to 650 stations, adding 3 stations while the PNG household increased to 9.90 lakh PNG homes, an addition of 26,869 new homes. Live Events The company increased industrial & commercial connections to 9,456 with 157 new customers added in the quarter under review. It completed a cumulative 14,197 Inch Km of Steel Pipeline network. The combined CNG and PNG volume of 267 MMSCM was recorded, an increase of 16%, YoY. The combined supply of APM and New Well Gas (NWG) / Intervention Gas for the CNG segment was at 61%. Adani Total Gas (ATGL) and Jio-bp partnership ATGL and Jio-bp (operating brand of Reliance BP Mobility Limited) signed an agreement to provide Fuel Offerings to consumers. Under this partnership, select ATGL fuel outlets will offer Jio-bp's high-performance liquid fuels (petrol and diesel), while within ATGL's authorised Geographical areas, select Jio-bp fuel outlets will integrate ATGL's CNG dispensing units, thus enhancing the supply of high-quality fuels to transport consumers. Commenting on the results, ED & CEO Suresh P Manglani said, 'During the quarter, we achieved a robust year-on-year volume growth of 16%, driven by a 21% increase in CNG volumes. We are continuing expansion of our CGD networks across all 34 Geographical Areas (GAs) with over 14,000 inch-km of backbone steel pipelines, 650 CNG stations and are very close to touching 1 million consumers base. EV charging points have increased to over 3,800. 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. "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. During the quarter, we commissioned our first CBG station in Haryana," he added.
Hans India
26-06-2025
- Automotive
- Hans India
Adani Total Gas Limited and Jio-bp Partner to Enhance Quality Fuel Offerings
Ahmedabad, 25 June 2025: Adani Total Gas Ltd. (ATGL) and Jio-bp (operating brand of Reliance BP Mobility Limited) today announced signing of an agreement to redefine the auto fuel retail experience for Indian consumers. Under this partnership, select ATGL fuel outlets will offer Jio-bp's high-performance liquid fuels (petrol and diesel), while select Jio-bp fuel outlets will integrate ATGL's CNG dispensing units, within ATGL's authorized Geographical Areas (GA), thus enhancing the supply of high-quality fuels to transport consumers. ATGL, a joint venture of Adani and TotalEnergies, is India's leading city gas distribution (CGD) player, serving natural gas to households, industries, commercial customers, and motorists. ATGL also offers Compressed Biogas (CBG), EV Charging, and LNG for the transportation segment. Jio-bp, a joint venture between Reliance Industries Limited and bp, is a leading mobility solutions provider in India, with a strong presence in fuel retailing, low-carbon alternatives, and modern convenience stores. 'We are united by a shared vision to offer our customers a superior selection of high-quality fuels. Jio-bp has always been committed to delivering an exceptional customer experience, and this partnership allows us to leverage each other's strengths to further enhance the value we provide to India,' said Sarthak Behuria, Chairman, Jio-bp. 'It is our shared vision to provide complete range of high-quality fuels at our outlets. This partnership will enable us to leverage each other's infrastructure, thus enhancing customer experience and offerings,' said Suresh P Manglani, Executive Director and Chief Executive Officer, Adani Total Gas Ltd. The agreement covers both existing and future outlets of both partners. ATGL currently operates a network of ~650 CNG stations, while Jio-bp has a network of ~2000 outlets. This strategic alliance marks a significant milestone in the journey of both companies toward sustainable growth and innovation. About Adani Total Gas ATGL is India's leading city gas distribution company, with authorization to supply PNG and CNG in 34 Geographical Areas and plays a significant role in the nation's efforts to enhance the share of natural gas in its energy mix. Additionally, ATGL's 50:50 joint venture with IOCL, Indian Oil-Adani Gas Private Limited (IOAGPL), has authorization to supply PNG and CNG in 19 GAs, thus covering a total of 53 GAs and 125 districts in the country. Further, ATGL has formed two wholly owned subsidiaries, namely Adani TotalEnergies E-Mobility Ltd (ATEL) and Adani TotalEnergies Biomass Ltd (ATBL) for its E-Mobility and Biomass businesses respectively. ATGL has also formed a 50:50 joint venture, Smart Meter Technologies Private Limited, which is in the business of manufacturing smart gas meters. For more information, please visit About Jio-bp Operating under the brand 'Jio-bp', Reliance BP Mobility Limited (RBML) is an Indian fuels and mobility joint venture between Reliance Industries Limited (RIL) and bp. The joint venture leverages Reliance's presence across the country and its millions of consumers through the Jio digital platform while bp brings its extensive global experience in high-quality differentiated fuels, lubricants, retail, and advanced low carbon mobility solutions. In addition to marketing conventional fuels, Jio-bp provides advanced mobility solutions and alternative fueling options to its customers such as Electric Vehicles (EV) charging, compressed biogas (CBG) and more. The company's aviation brand 'air bp-Jio' is a leading supplier of Aviation Turbine Fuel across India. The brand 'Jio-bp Fuel4U' caters to on-demand doorstep delivery of diesel and is a market leader in the segment. Jio-bp is also the India partner for popular UK fuel forecourt Café brand by bp, Wildbean Café (WBC), and have innovated to take WBC outside the fuel forecourt. Learn more about Jio-bp on / Twitter, Instagram, Facebook, YouTube: @Jiobpofficial/ For latest updates check out For Media Queries : ATGL: Roy Paul I [email protected] Jio-bp: Aritra Chakrabarty | [email protected]
