Adani Total Gas Limited Q2 Results 2023

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result (Consolidated)

· The revenue from Operations was at ₹1,178.77 Cr · Net profit for Q1 FY’24 stood at ₹172.68 Cr · The company’s EBITDA rose 22% YoY to ₹289 Cr

Performance Highlights (Consolidated)

· Revenue from Operations down by 1% YoY · Profit after tax (PAT) saw an increment of 8% YoY · The company’s net profit rose 15% (QoQ) from ₹150.22 Cr

Company’s Expenses

Concomitantly, the expenses also decreased during the quarter. For the quarter under review, the company reported a total expense of ₹ 899 Cr

Key Announcements

Adani Total Gas secures AMC waste-to-biogas project in Ahmedabad and is constructing a major CBG plant in Barsana, UP