Adani Total Gas Profit: How Adani Total Gas came into profit, revenue of Rs 1 thousand 318 crore, know how much the share rose…

Adani Total Gas Profit: Adani Group company Adani Total Gas has earned a profit (consolidated net profit) of Rs 186 crore in the second quarter of the financial year 2024-25. There has been an increase of 7.51% on annual basis. In the same quarter a year ago, the company had made a profit of Rs 173 crore.

The company's operational revenue in the July-September quarter was Rs 1318 crore. There has been an increase of 12% on annual basis. The company had earned Rs 1179 crore in the second quarter of the financial year 2023-24.

Adani Total Gas Profit: 3% increase in profits on quarterly basis

In the first quarter (April-June) of the current financial year, the company had made a profit of Rs 172 crore. There has been an increase of 8% on quarterly basis. During this period, Total Gas had achieved revenue of Rs 1239 crore from operations. There has been an increase of 6.40% on quarterly basis.

Adani Total Gas shares rose 37% in one year

After the quarterly results, Adani Total Gas shares closed at Rs 755.30 today (Thursday, October 24) with a gain of 7.83%. The company's shares have risen by 7.09% in the last one month and 17.86% in the last six months.

There has been a decline of 24.54% since January 1 this year. At the same time, the company's shares have given a return of 37.22% in one year. The market cap of the company is Rs 83 thousand crores.

CEO said- providing service to 9 lakh people through piped gas

Suresh P Mangalani, CEO and ED, Adani Total Gas, said on the results that we have reached more than 9 lakh consumers through our piped gas network, which supplies piped natural gas without any interruption. To boost growth in the transportation sector, we have commissioned the first LNG station.