₹168 crore, revenue up 16.6%; margins contract" width="600" height="338" fetchpriority="high" loading="eager"/>Adani Total Gas Q4 Results: Profit grows 9% YoY to ₹168 crore, revenue up 16.6%; margins contract(Reuters / Amit Dave)AI Quick ReadAdani Total Gas, the city gas joint venture between Adani Group and TotalEnergies, announced its financial performance for the March-ended quarter and financial year ended March 31 after-market hours today, reporting a consolidated net profit of ₹168.34 crore in Q4.
In the same period last year, the company had reported a net profit of ₹154.59 crore, indicating a marginal year-on-year improvement of 9%. 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, marking 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, while 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
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