Ahmedabad, January 22 (IANS). Adani Total Gas (ATGL) on Thursday reported its Q3FY26 results. The company’s profit has increased by 11 percent year-on-year to Rs 159 crore in the October-December period, which was Rs 142.38 crore in the same quarter of the last financial year.
Along with profits, the company’s income has also seen a tremendous increase. This has increased by 17 per cent year-on-year to Rs 1,631 crore in Q3FY26 from Rs 1,397.35 crore in the same period last year.
Suresh P. Mangalani, CEO & ED, ATGL, said, “The ATGL team has delivered another strong quarter, registering double-digit growth in volumes, revenues and EBITDA.”
Manglani further said, “Despite the continued low availability of APM gas and high prices of RLNG associated with Henry Hub, our diversified sourcing strategy has enabled us to efficiently manage the gas basket and ensure uninterrupted supply of PNG and CNG to all our customers.”
In Q3FY26, ATGL’s combined production volume of CNG and PNG reached 289 million standard cubic meters (MMSCM), an increase of 12 per cent over the same period last fiscal.
The company added 18 new CNG stations, taking its total network to 680, while PNG household connections increased to 10.5 lakh, with over 34,000 new households being connected to the company’s PNG network during the quarter.
Industrial and commercial connections also increased, taking the total number to 9,751 with 148 new customers, the company said in a statement.
TGL and its joint venture, IOAGPL, saw even greater growth in operational expansion.
Total production reached 460 million micrometers per cm, up 15 percent from the previous year. The CNG network has expanded to 1,120 stations with the addition of 41 new stations, while PNG domestic connections have crossed 12.5 lakh, serving more than 40 lakh people daily.
Industrial and commercial connections increased to 11,106, including 222 new customers. The company has also completed construction of 27,011 inch-kilometre steel pipeline network across India.
ATGL’s EBITDA for Q3FY26 increased to Rs 314 crore from Rs 919 crore for the nine months.
The company said that ATGL managed the supply challenges arising due to 41 per cent reduction in CNG APM allocation and higher cost of alternative sources like New Well Gas, HPHT and RLNG, ensuring uninterrupted service to all consumers.
–IANS
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