Adani Total Gas Limited (ATGL) disclosed a 27% year-on-year revenue surge to Rs 1,910 crore in the initial quarter of FY27. The company’s EBITDA stood at Rs 281 crore, with a profit after tax (PAT) of Rs 133 crore. ATGL highlighted a robust operational performance, witnessing a 13% increase in combined standalone CNG and PNG sales volumes to 303 million metric standard cubic meters (MMSCM).
Commenting on the financial results, Sanjay Pandita, CEO of ATGL, emphasized the firm’s substantial growth in volumes and revenue during Q1 FY27. He attributed this growth to strong operational performance and a rising consumer preference for cleaner fuels. Pandita acknowledged the challenging operating environment marked by high gas prices, elevated Brent crude prices, currency fluctuations, and geopolitical uncertainties impacting global energy supplies.
ATGL’s expansion efforts during the quarter included the addition of five new CNG stations, bringing the total count to 707. The company also extended its reach by connecting 38,243 new PNG households, totaling 11.41 lakh connections. Moreover, its industrial and commercial customer base grew by 448 consumers to reach 10,422, while the cumulative steel pipeline network spanned nearly 15,987 inch-km.
Expanding its footprint through the joint venture IndianOil-Adani Gas Pvt Ltd (IOAGPL), ATGL witnessed a 13% year-on-year increase in combined CNG and PNG volumes to 496 MMSCM. The total network expanded to 1,167 CNG stations, with the addition of six new outlets. Across the network, PNG household connections surpassed 13.75 lakh, catering to over six million individuals daily. The industrial and commercial customer base also expanded to 12,326, with 788 new consumers added, as the cumulative steel pipeline network reached 28,675 inch-km.
