Adani Total Gas Q3 results: Net profit rises 17%, revenue up 27%

The company reported total sales volume of 186 mmscmd (million metric standard cubic meter) for the quarter, which was lower by 3 per cent from 192 mmscmd recorded for the same period last year

Adani Total Gas reported a consolidated net profit of Rs 150 crore for the December 2022 quarter, up 17 per cent from Rs 128 crore in the same quarter last year. Consolidated revenue from operations stood at Rs 1,185 crore (from Rs 932 crore last year), up 27 per cent.

“During the quarter, Adani Total Gas delivered a good performance, despite the high input gas price scenario. While gas sector has been seeing volatility in prices due to geopolitical issues, we have seen a moderation in the international gas prices in the recent weeks,” Suresh P Manglani, CEO of Adani