Adani Total Gas Limited (ATGL), a leading player in India's city gas distribution sector, has announced strong financial results for the first quarter, demonstrating resilience and growth in a dynamic market environment.

Key Financial Highlights

ATGL reported a consolidated net profit of ₹1.65 billion for Q1, showing an increase from ₹1.55 billion in the previous quarter. The company's revenue from operations saw a significant increase, reaching ₹14.98 billion compared to ₹14.53 billion in the previous quarter.

Operational Performance

The company's overall gas volume witnessed a robust growth of 16% compared to the same period last year. This growth was primarily driven by a 21% increase in CNG (Compressed Natural Gas) volumes, underlining ATGL's strong performance in the automotive fuel segment.

EBITDA and Margin

ATGL's EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) for Q1 stood at ₹2.93 billion, higher than ₹2.66 billion in the previous quarter. The EBITDA margin improved to 19.57% from 18.22% in the previous quarter, indicating enhanced operational efficiency.

Infrastructure Expansion

The company continued its aggressive infrastructure expansion strategy:

• CNG network increased to 650 stations, with 3 new stations added during the quarter
• PNG (Piped Natural Gas) connections expanded to 9.90 lakh households, with 26,869 new homes added
• Industrial and Commercial connections grew to 9,456, with 157 new customers added
• Completed a cumulative steel pipeline network of approximately 14,197 inch-km

E-Mobility and Biomass Initiatives

ATGL is also making strides in sustainable energy solutions:

• E-mobility business expanded to 3,801 installed EV charging points across 26 states/UTs
• Commissioned the first DODO (Dealer Owned Dealer Operated) Compressed Biogas Station in Hodal, Haryana

Management Commentary

Mr. Suresh P Manglani, ED & CEO of Adani Total Gas, stated, "During the quarter, we achieved a robust year-on-year volume growth of 16%, driven by a 21% increase in CNG volumes. We are continuing expansion of our CGD networks across all 34 Geographical Areas (GAs) with over 14,000 inch-km of backbone steel pipelines, 650 CNG stations and are very close to touching 1 million consumers base."

He further added, "Looking ahead, we are focused on expanding not only our CGD infrastructure across our geographical areas but also our LNG, e-mobility solutions, and CBG (Compressed Biogas) businesses."

Future Outlook

ATGL remains committed to supporting India's energy transition by providing low-carbon solutions across industrial, household, and transportation sectors. The company's strategic partnerships, such as the recent collaboration with Jio-bp, are expected to accelerate the addition of CNG stations across its operational areas.

As ATGL continues to expand its infrastructure and diversify its energy offerings, it is well-positioned to capitalize on the growing demand for cleaner energy solutions in India's evolving energy landscape.

Adani Total Gas Ltd has announced a final dividend of Rs 0.25 per share for the fiscal year 2025, with June 12 being the last day for investors to buy shares to qualify for the payout. The company has set June 13 as the record date for dividend eligibility, with a total dividend payout amounting to Rs 27.00 crore.

Financial Performance

The company reported a strong financial performance for the fourth quarter of FY2025:

• Consolidated Net Profit: Rose by 8.5% to Rs 154.60 crore, compared to Rs 142.40 crore in the previous quarter.
• Revenue: Increased by 3.6% to Rs 1,341.30 crore, up from Rs 1,294.50 crore in the preceding quarter.

Quarterly Highlights

Key Observations

• Profit Before Tax: Increased to Rs 203.70 crore, a 6.04% rise from the previous quarter's Rs 192.10 crore.
• Operating Profit Margin: Slightly decreased to 19.85% from 20.45% in the previous quarter.
• Other Income: Saw a significant increase of 80% to Rs 14.40 crore, compared to Rs 8.00 crore in the previous quarter.

Dividend Details

• Dividend Per Share: Rs 0.25
• Last Date to Buy Shares: June 12, 2025
• Record Date: June 13, 2025
• Total Dividend Payout: Rs 27.00 crore

Investors should note that to be eligible for the dividend, they must purchase Adani Total Gas shares before the ex-dividend date. The company's decision to distribute dividends reflects its commitment to delivering value to shareholders amidst a period of growth and improved financial performance.

As Adani Total Gas continues to expand its operations and improve its financial metrics, investors and market analysts will be keenly watching the company's future performance and strategic initiatives in the dynamic energy sector.