Adani Total Gas Q1 FY25 results : Adani Group's urban gas distribution company Adani Total Gas Limited's net profit increased by 20 percent to Rs 177 crore in the first quarter (April-June) of the current financial year. The company said in a statement on Monday that its profit increased due to increased sales of CNG and piped cooking gas (PNG) during the April-June quarter. The company's net profit in the review quarter increased to Rs 177 crore, while its profit in the same quarter last year was Rs 148 crore.

What is the detail

Adani Total Gas' operating income grew by nine percent to Rs 1,237 crore during the period under review. During this period, the company's pre-tax income (EBITDA) grew 21 percent year-on-year to Rs 308 crore. The company said that CNG sales grew by 20 percent to 153 million standard cubic meters in the first quarter of FY 2024-25. PNG sales grew by 11 percent to 77 million standard cubic meters.

What the company said

Suresh P. Mangalani, Executive Director and Chief Executive Officer (CEO), of Adani Total Gas Limited, said, "It has been a good start to FY 2024-25. The company has delivered strong operational and financial performance by achieving 21 percent EBITDA growth with 17 percent volume growth."

Company shares

Adani Total shares rose more than 4% on Monday. The company's shares reached an intraday high of Rs 924 today. The stock has climbed 34% in a year and 147% in five years. So far this year, the stock has climbed 10% and 13% in six months. Its 52-week high price is Rs 1,259.90 and its 52-week low price is Rs 521.95. The company's market cap is Rs 98,185.55 crore.