Adani Total Gas Limited Share Price

Adani Total Gas is a developing City Gas Distribution (CGD) Networks that supplies Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential) and Compressed Natural Gas (CNG) to the transport sector.Natural Gas provides customers with the benefits of high level safety, convenience, and economic efficiency as it is a convenient, dependable, and environmentally friendly fuel.

The company has already established city gas distribution networks in Ahmedabad and Vadodara, Gujarat; Faridabad, Haryana; and Khurja, Uttar Pradesh. Adani Total Gas and the Indian Oil Corporation Limited would also construct gas distribution in Allahabad, Chandigarh, Ernakulam, Panipat, Daman, Dharwad, and more.

Achievements of Adani Total Gas Limited

Adani Total Gas is authorised in 33 geographical areas and contribues significantly to the country's attempts to increase the proportion of natural gas in its energy mix. Of the 52 gas, 33 are held by Adani Total Gas, while the remaining 19 are owned by the Indian Oil-Adani Gas Private Limited (IOAGPL), a 50:50 joint venture between Adani Total Gas Limited and Indian Oil Corporation Limited. Furthermore, the company has established two wholly owned subsidiaries for its e-mobility and biomass businesses: Adani Total Energies E-Mobility Limited (ATEL) and Adani Total Energies Biomass Limited (ATBL). Adani Total Gas has also launched a 50:50 joint venture, Smart Meter Technologies Private Limited, for its gas metre manufacturing operations. Check out Adani Total Gas share price daily with BlinkX for more insights.

Key Personnel of Adani Total Gas Limited

Gautam S Adani is the Chairman of the company
Pranav V Adani, Olivier Sabrie, and Sangkaran Ratnam are the Directors of the company.
Suresh Manglani is the Executive Director and CEO of the company.
The company’s independent directors are Shailesh Vishnubhai Haribhakti, Naresh Kumar Nayyar, Gauri Trivedi, Shashi Shanker and Mukesh M Shah.

Financial Statements of Adani Total Gas Limited

Adani Total Gas recorded a 71.6% increase in Q4 FY24 net profit to Rs 168 crore from Rs 97.9 crore in the March 2023 quarter.
The company's revenue increased 4.7% to Rs 1167 crore in the last quarter, compared to Rs 1,114.8 crore in the same quarter the previous year.
Adani Total Gas EBITDA increased 47.6% to Rs 299.1 crore in Q4 from Rs 195.2 crore in Q4 FY23.

Adani Total Gas Ltd

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