The company’s consolidated net profit stood at ₹141.7 crore for the quarter, compared with ₹165.2 crore in the corresponding period last year. Revenue from operations rose 27.3% year-on-year to ₹1,907 crore, up from ₹1,498 crore a year earlier, aided by higher gas sales volumes.
However, profitability came under pressure as the cost of natural gas and traded items increased sharply to ₹1,302.5 crore from ₹928.4 crore in the year-ago quarter.
As a result, Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) declined 7.9% to ₹270 crore from ₹293.2 crore a year earlier, while the EBITDA margin contracted to 14.2% from 19.6%, reflecting the impact of higher input costs.
Profit before tax (PBT) declined 15.9% year-on-year to ₹186.9 crore. Meanwhile, the company’s share of profit from joint ventures more than doubled to ₹9.6 crore during the quarter. Total income increased to ₹1,919.8 crore from ₹1,506.4 crore a year earlier.
On a sequential basis, net profit declined 15.8% from ₹168.3 crore in the March quarter, while revenue increased 12.5% from ₹1,694.6 crore. EBITDA fell 10.3% quarter-on-quarter from ₹301 crore, and the EBITDA margin narrowed from 19.3% to 14.2%.
Finance costs rose to ₹39.1 crore from ₹27.6 crore a year earlier, while depreciation and amortisation expense increased to ₹66.7 crore from ₹55.6 crore.
Stock movement
Following the earnings announcement, Adani Total Gas shares fell as much as 3% in intraday trade. The stock later trimmed losses to settle 1.67% lower at ₹701 apiece.
Despite today’s decline, the stock has gained roughly 18% so far this year and about 7% over the last 12 months.
Q4FY26 Performance
In the preceding March quarter, Adani Total Gas had reported a mixed operating performance. Consolidated net profit rose 6.1% sequentially to ₹168.3 crore, while revenue increased 3.4% to ₹1,694.6 crore.
However, operating profitability remained under pressure, with EBITDA declining 1.4% quarter-on-quarter to ₹301 crore and the EBITDA margin narrowing to 19.3% from 20.2% in the December quarter.
The June-quarter results extended this trend of margin compression, with EBITDA falling further to ₹270 crore and the margin slipping to 14.2%.
