Adani Total Gas Ltd — the joint venture of Adani group and TotalEnergies of France which retails CNG to automobiles and piped gas to households — on Thursday reported a 13 per cent increase in net profit as sales rose.
Net profit of Rs 148 crore in October-December compares to Rs 132 crore earnings in the same period a year back, the company said in a statement.
Revenue from operations rose to Rs 1,186 crore from Rs 932 crore.
CNG sales climbed 15 per cent to 116 million standard cubic metres while piped natural gas (PNG) sales dropped 23 per cent to 70 mmscm.
