Adani Total Gas reported a 71.6% rise in Q4 net profit on Tuesday. Net profit climbed to Rs 168 crore in Q4 against Rs 97.9 crore in the March 2023 quarter. Revenue rose 4.7% to Rs 1167 crore in the last quarter against Rs 1114.8 crore in the corresponding quarter of the previous fiscal.
Adani Total Gas Q4 earnings: Net profit climbed to 20.74% to Rs 97.91 crore in January-March quarter compared to Rs 81.09 crore profit in the corresponding period a year ago.
Adani Total Gas Q4 Results: Adani Total Gas Limited (ATGL) profit in the same quarter fell 34 per cent Quarter-on-Quarter (QoQ) as the amount in the December quarter stood at Rs 150.19 crore, the company said in a filing with the stock exchanges.
Shares of Adani Total Gas fell over 3 per cent amid a rising market today after the Adani Group firm reported a 44 per cent year-on-year fall in consolidated profit for the quarter ended March 2022. Net profit for Q4 stood at Rs 81 crore for the quarter ended March 2022 led by higher cost of natural gas. Profit for March 2021 quarter stood at Rs 143.73 crore.