{"id":643208,"date":"2024-05-01T09:32:54","date_gmt":"2024-05-01T04:02:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=643208"},"modified":"2024-05-02T08:52:01","modified_gmt":"2024-05-02T03:22:01","slug":"adani-total-gas-q4-result-profit-up-72-at-rs-1-68-bn-on-higher-cng-sales","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-total-gas-q4-result-profit-up-72-at-rs-1-68-bn-on-higher-cng-sales\/","title":{"rendered":"Adani Total Gas Q4 result: Profit up 72% at Rs 1.68 bn on higher CNG sales"},"content":{"rendered":"<p>India&#8217;s Adani Total Gas reported a 72% surge in fourth-quarter profit on Tuesday, helped by strong demand in its compressed natural gas (CNG) segment. Consolidated profit rose to Rs 16.8 crore ($20.14 million) in the three months ended March 31 from Rs 97.91 crore a year earlier, marking a fifth straight rise in quarterly profit for the Adani group company. <\/p>\n<p>The piped gas distributor&#8217;s CNG sales volume, which accounts for over half of its total sales volume, rose 23% during the quarter, buoyed by the addition of 170 new stations across the country during the financial year. However, a drop in gas prices during the quarter capped the firm&#8217;s revenue growth to 5.1% at Rs 125.8 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s Adani Total Gas reported a 72% surge in fourth-quarter profit on Tuesday, helped by strong demand in its compressed natural gas (CNG) segment. Consolidated profit rose to Rs 16.8 crore ($20.14 million) in the three months ended March 31 from Rs 97.91 crore a year earlier, marking a fifth straight rise in quarterly profit for the Adani group company. The piped gas distributor&#8217;s CNG sales volume, which accounts for over half of its total sales volume, rose 23% during the quarter, buoyed by the addition of 170 new stations across the country during the financial year. However, a drop [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-643208","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/643208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=643208"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/643208\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=643208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=643208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=643208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}