Adani Total Gas Q1 FY27 Result: Revenue Rises 27% As Volumes Grow 13%

Adani Total Gas Limited (ATGL) Q1 FY27 reported double-digit growth in revenue and sales volumes despite a challenging gas sourcing environment. Revenue from operations rose to ₹1,910 crore from ₹1,500 crore a year earlier, while combined Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) volumes increased to 303 Million Metric Standard Cubic Metres (MMSCM).

Adani Total Gas Q1 FY27 Result: How Did The Company Perform?

Revenue from operations increased 27% year-on-year, helped by higher CNG sales and overall volume growth.

Despite stronger sales, Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) declined 7% year-on-year to ₹281 crore, while profit before tax fell 19% to ₹178 crore. Standalone Profit After Tax (PAT) dropped 18% to ₹133 crore as higher gas sourcing costs offset the benefit of volume growth. On a consolidated basis, EBITDA stood at ₹283 crore and PAT at ₹142 crore.

The company said gas procurement costs rose 39% during the quarter as elevated crude oil prices, higher Regasified Liquefied Natural Gas (RLNG) costs, tighter APM gas availability and a weaker rupee increased sourcing expenses. ATGL adopted a calibrated pricing approach while using a mix of existing contracts and spot purchases to maintain uninterrupted supply and support volume growth.

What Drove Adani Total Gas' Business Growth In Q1 FY27?

The city gas distribution network continued to expand during the quarter. ATGL added five new CNG stations, taking the total to 707, while domestic PNG connections increased by 38,243 to around 11.41 lakh households.

Industrial and commercial PNG connections rose to 10,422 after the addition of 448 new customers. The steel pipeline network also expanded by 415 inch-km to nearly 15,987 inch-km.

CNG volumes grew 18% year-on-year to 218 MMSCM, supported by network expansion and higher throughput across multiple geographical areas. PNG volumes increased 4% to 85 MMSCM despite the volatile global energy environment.

Across its joint venture network with Indian Oil, the company operated 1,167 CNG stations and served more than 13.75 lakh PNG households by the end of the quarter. Combined gas volumes across the wider network reached 496 MMSCM.

What Other Developments Did Adani Total Gas Report?

ATGL continued to scale its newer energy businesses alongside its core city gas operations. Its e-mobility business expanded to 5,306 EV charging points across 26 states and Union Territories, with an installed charging capacity of about 58 MW.

The biomass business sold 323 metric tonnes of compressed biogas (CBG) during the quarter. The company also reported fertiliser sales of 5,533 tonnes under its biomass operations and expanded its Harit Amrit product portfolio with new packs for the nursery segment.

On the ESG front, ATGL received improved ratings from CareEdge and CRISIL during the quarter. The company said the upgrades reflected progress in emissions management, energy efficiency, safety practices and governance standards.

On 21 July 2026, Adani Gas shares were down by 1.75% to close at ₹700.40.

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