Adani Total Gas Posts 9% YoY Increase in Profit to ₹168 Crore in Q4

Adani Total Gas Posts 9% Year-on-Year Net Profit Growth in Q4

Adani Total Gas, a city gas joint venture between Adani Group and TotalEnergies, reported its financial performance for the March-ended quarter and financial year ended March 31 after-market hours today. The company's consolidated net profit stood at ₹168.34 crore in Q4, marking a marginal year-on-year improvement of 9% from ₹154.59 crore reported in the same period last year. Sequentially, net profit rose 8% from ₹157.22 crore reported in the December quarter.

Revenue from operations during the reporting quarter came in at ₹1,694.61 crore, a 16.62% jump from ₹1,453.37 crore in the year-ago period. On the operating front, the company reported an EBITDA of ₹300.32 crore in Q4 as against ₹266 crore a year ago. However, EBITDA margin slipped to 17.72% from 18.30% in the corresponding quarter last year.

The joint venture between India's Adani Group and France's TotalEnergies is a key supplier of natural gas to industries, households, and vehicles in the country. For FY26, the company's revenue stood at ₹6,408.53 crore, compared with ₹5,411.68 crore in FY25, while net profit remained largely unchanged at ₹655.72 crore. In FY25, the company had reported a net profit of ₹654.41 crore.

Read also: Expert Portfolio Manager Raja Venkatraman Names Top Investment Picks for June 4

The company has announced a final dividend of ₹0.25 per share for FY26. The Board of Directors has recommended a final dividend of ₹0.25 (25%) per equity share of the face value of ₹1 each for the financial year 2025-26. This proposed dividend is subject to the approval of shareholders at the ensuing annual general meeting.

Adani Total Gas share price has recovered sharply in April, surging 25% after closing each of the previous five months in the red. The last time the stock recorded a double-digit monthly gain was in November 2024, when it climbed 13%. In terms of yearly performance, the stock has delivered negative returns over the last three years, with 2023 marking the worst period as it lost 73.25% of its value. In the following two years, it declined another 23% and 25.54%, respectively, taking the three-year cumulative drop to 84%. So far in the current year, however, the stock is up 12%, thanks to the strong recovery seen this month.