Ahmedabad: Adani Total Gas Limited (ATGL), the energy transition arm of the ports-to-power conglomerate, Adani Group, recorded a 7.5% rise in its consolidated net profit for the second quarter of FY 2025. The company posted profits worth Rs 187 crore during the quarter compared to Rs 173 crore in the year-ago period.
The company's revenue from operations rose 12% to Rs 1,318 crore during the quarter, and its EBITDA was Rs 313 crore, up 8% year-on-year.Total sales volume increased 15% year-on-year to 242 MMT in Q2. This includes 162 MMT CNG volumes and 80 MMT PNG volumes.
Suresh P Manglani, CEO & ED of ATGL, said, "We now reach over 9 lakh consumers through our piped gas network, supplying uninterrupted piped natural gas. We have commissioned our first LNG station for the transportation segment and are progressing towards covering key highway networks, aiding India's decarbonisation march. Following the recent reduction in APM gas allocation, which caters to auto CNG and home PNG consumers, we are closely monitoring the situation."