Adani Total Gas Limited reported a strong financial performance for the quarter ending March 31, 2026, marked by significant volume growth in its core business segments. Driven by an expanding infrastructure footprint and higher sales, the company achieved its highest-ever quarterly EBITDA and a double-digit rise in revenue. The results reflect the company’s resilient operations amid global energy market challenges, sustained by a commitment to expanding its CNG network and domestic pipeline connections.
Quarterly Financial Highlights
For the fourth quarter (January–March 2026), Adani Total Gas Limited recorded a 16% increase in revenue, reaching INR 1,696 crores. Profitability remained strong, with EBITDA rising by 13% to INR 310 crores, while Profit After Tax (PAT) grew by 4% to INR 156 crores. For the full financial year 2025-26, the company reported a total revenue of INR 6,415 crores, reflecting a consistent growth trajectory driven by disciplined project execution.
Operational Milestones and Growth
The company demonstrated strong momentum in its core operations during the quarter. CNG volumes grew by 17% year-on-year, while PNG volumes increased by 5%. Customer adoption hit a record high with nearly 50,000 new domestic PNG connections added in Q4, bringing the total household count to 1.1 million. Additionally, the company added 25 new CNG stations, expanding its total network to 705 stations.
Expansion into E-Mobility
Adani Total Gas continues to scale its e-mobility business through its subsidiary, ATEL. The network now operates 5,100 EV charge points across 226 cities, supported by 54 megawatts of installed capacity. The company remains on track to meet its near-term target of 10,000 EV charging points, emphasizing a strategic focus on network utilization and the transition to a gas-based economy.
Strategic Outlook and Future Goals
Looking ahead to the next financial year, management anticipates continued revenue growth in line with the current year’s performance. The company has set an EBITDA target of approximately INR 1,500 crores for the upcoming year. With a robust infrastructure plan, including an extensive pipeline network of over 15,572-inch kilometers and a strategy to widen its consumer base, Adani Total Gas is well-positioned to leverage its expanded footprint for long-term sustainability and profitability.
Source: BSE
