In a testament to operational excellence, Adani Total Gas (ATGL) reported a stellar third quarter for FY26, with profit after tax rising 11% to ₹159 crore compared to ₹142.38 crore YoY. The Ahmedabad-based firm also saw its total income leap 17% to cross ₹1,600 crore mark at ₹1,631 crore, reflecting strong demand for CNG and PNG amid India’s push for cleaner fuels.
Suresh P. Manglani, CEO and ED, credited the team’s efforts for achieving double-digit growth across key metrics. He emphasized how a diversified sourcing approach mitigated risks from scarce APM gas and elevated RLNG costs. ‘We managed to keep supplies steady for all PNG and CNG customers,’ he added.
Sales volume for CNG and PNG combined soared to 289 MMSCM, 12% higher than last year. Network expansion was aggressive: 18 new CNG stations took the tally to 680, domestic PNG connections hit 10.5 lakh with 34,000+ additions, and industrial-commercial base expanded to 9,751.
The joint venture IOAGPL posted even stronger numbers, with production up 15% to 460 MMSCM. CNG stations grew to 1,120 via 41 additions, PNG homes exceeded 12.5 lakh, and industrial links reached 11,106. A massive 27,011 inch-km pipeline network now spans the nation, enhancing distribution capabilities.
Quarterly EBITDA rose to ₹314 crore, and nine-month figure at ₹919 crore. ATGL navigated supply hurdles adeptly, including reduced APM quotas and pricey alternatives, ensuring seamless service. These results position ATGL for sustained growth in the evolving energy landscape.