Adani Total Gas Q3 profit rises 17.6% to Rs 176.64 crore, revenue at Rs 1,244 crore

Adani Total Gas Ltd on Tuesday reported its third quarter earnings for the financial year 2023-24 with profit at Rs 176.64 crore, up 17.6 per cent in comparison to Rs 150.19 crore during the corresponding quarter of FY23. It posted revenue from operations at Rs 1,244.00 crore, up 4.9 per cent as against Rs 1,185.50 crore during the third quarter of last year. The company EBITDA stood at Rs 288 crore.

“With expansion of CGD infrastructure, together with seizing opportunity in the areas of e-mobility, biomass and LNG for Transport & Mining (LTM), ATGL has once again delivered a double-digit growth in volumes of 13 per cent YoY on nine months basis.

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