Adani Total Gas Ltd on Tuesday posted fiscal first quarter profit at Rs 150.22 crore, up 8.6 per cent in comparison to Rs 138.37 crore during the first quarter of FY23. It posted revenue from operations at Rs 1135.35 crore, up 2.3 per cent as against Rs 1110.21 crore during Q1FY23. “Despite increase in volume, revenue from operations has increased marginally due to reduction in sales price as ATGL passed through the reduction in domestic gas prices as per the revised pricing formula approved by Government of India w.e.f. 8th April 2023,” it said. The company EBITDA stood at Rs 247.8 crore. While the total income during the quarter stood at Rs 1142.72 crore, the expenses stood at Rs 944.05 crore.
