Adani Total Gas Limited (ATGL) announced its unaudited financial results for Q2 FY26, reporting a robust 16% year-on-year overall volume growth. CNG volume increased by 18%, while PNG volume grew by 11%. Revenue from operations rose by 19% to INR 1,569 crores. The company also achieved a milestone of surpassing 1 million consumers and received an upgraded credit rating to AA+.
Financial Performance
Adani Total Gas Limited (ATGL) has announced strong financial results for the quarter and half-year ended September 30, 2025. Key highlights include:
- Revenue from Operations: Increased by 19% in Q2 FY26 to INR 1,569 crores and by 20% in the first half to INR 3,060 crores.
- EBITDA: INR 302 crores for Q2 FY26 and INR 603 crores for the first half.
- Profit Before Tax: INR 217 crores for Q2 and INR 436 crores for the first half.
- Profit After Tax: INR 162 crores for Q2 and INR 324 crores for the first half.
Volume Growth and Network Expansion
ATGL achieved an overall volume growth of 16% year-on-year. Specifically:
- CNG volume increased by 18% in Q2 and 19% for the first half.
- PNG volume grew by 11% in Q2 and 9% for the first half.
The company expanded its network by adding 12 new CNG stations, bringing the total to 662 stations. Steel pipeline infrastructure increased to 14,524-inch kilometers. ATGL also surpassed 1 million consumers during the quarter.
Customer Base and E-Mobility
ATGL’s industrial and commercial consumer base reached 9,603, with 147 new consumers added during the quarter. The company’s e-mobility business, Adani Total Energy’s e-mobility limited, now has 4,209 installed charging points across 26 states and Union Territories, covering 226 cities.
Credit Rating Upgrade
External credit rating agencies have upgraded Adani Total Gas to AA+ with a stable rating from ICRA, CARE, and CRISIL.
Joint Ventures
Including the Indian Oil Adani Gas Private Limited (IOAGPL) joint venture, the consolidated nationwide CGD network stands at 1,095 CNG stations, nearly 11,000 C&I consumers, and 26,411-inch kilometers of steel pipeline. Together, ATGL and IOAGPL serve 53 geographical areas, covering 125 districts.
Awards
Adani Total Gas won three awards from PNGRB for CGD development in the areas of HSE, sustainability, and customer delight.
Source: BSE