Adani Total Gas shares rally 4% after Q4 results impress
Shares of Adani Total Gas jumped 4% to Rs 969 today on BSE after the company reported a 71% year-on-year (YoY) growth in its consolidated net profit to Rs 168 crore for the quarter ended March from Rs 98 crore a year ago.
Revenue from operations rose 5% YoY to Rs 1,258 crore in the January-March period compared with Rs 1,197 crore in the same period last year and the EBITDA has also increased by 27% to Rs 1,150 crore. The board also recommended a dividend of Re 0.25 per share for the financial year 2023-24.
