Adani Total Gas Ltd, the city gas joint venture between the Adani Group and French energy giant TotalEnergies, on Tuesday reported a 21 per cent rise in its consolidated net profit in the March 2023 quarter.
Consolidated net profit of Rs 97.91 crore in January-March quarter was compared with Rs 81.09 crore net earnings in the same period a year back, according to company’s stock exchange filing. Sales volume rose 2 per cent to 193 million standard cubic metres. The firm retails CNG to automobiles and piped natural gas to household kitchens as well as industries.
CNG stations now increased to 460 with addition of 126 new outlets, the company said in a statement.