
Adani Total Gas Ltd, a joint venture of Adani Group and TotalEnergies, reported an 8.5% year-on-year increase in its net profit for the fourth quarter of FY25, driven by higher volumes in its city gas distribution business. The company’s consolidated net profit for the January-March quarter rose to ₹155 crore from ₹142 crore in the same period last year. Revenue from operations increased by 3.6% to ₹1,341 crore from ₹1,295 crore, while EBITDA grew 0.6% to ₹266.4 crore. However, the EBITDA margin narrowed to 19.9% from 20.5% quarter-on-quarter.
The company’s operational performance also saw significant expansion in its infrastructure and service offerings. The number of CNG stations increased to 647 with the addition of 42 new stations during the quarter. PNG home connections grew to 9.63 lakh, adding 40,991 new households. Industrial and commercial connections also saw a rise, growing by 386 new consumers to reach 9,299. The company completed a cumulative 13,772 Inch Km of steel pipeline network. Combined CNG and PNG volumes grew by 13% year-on-year to 263 MMSCM.
In terms of its Pan-India footprint, the company expanded its network to 1,072 CNG stations, with 73 new stations added. PNG home connections surpassed the 1 million mark, reaching 1.14 million and touching over 4 million lives daily. Industrial and commercial connections grew to 10,417, with 468 new consumers added. The total steel pipeline network reached 24,906 Inch Km, further solidifying the company’s infrastructure.
Adani Total Gas also reported key updates on its gas supply allocation, with the average supply of APM-based natural gas for the CNG segment during the quarter at around 49%. The combined volume allocation for APM and New Well Gas (NWG)/Intervention Gas was approximately 56%. From April 16, 2025, APM allocation for CNG was reduced from around 51% to 37%, replaced by NWG/Intervention Gas, with the combined volume allocation now at 65%.
In the area of diversification, Adani TotalEnergies E-mobility Ltd (ATEL) continued to expand, now with 3,401 installed EV charging points across 26 states and UTs. ATEL has emerged as the No. 1 Airport Charge Point Operator in India, with a presence at 21 airports and over 100 charging points. In the biomass segment, Adani TotalEnergies Biomass Ltd (ATBL) ramped up production at its Barsana plant, producing 6.9 TPD of biogas, with plans to increase it further to 9-10 TPD this financial year. ATBL also began the sale of Fermented Organic Manure (FOM) under the brand name “Harit Amrit.”
For the full financial year, Adani Total Gas recorded revenue from operations of ₹5,398 crore, marking a 12% year-on-year increase. EBITDA rose by 1% to ₹1,167 crore, though the PAT declined by 1% to ₹648 crore. The consolidated PAT for FY25 stood at ₹654 crore.
Shares of the company ended at a price of ₹616.90 on the BSE today, up 2.9% from Friday’s closing price.