Fueling optimism in the energy sector, Adani Total Gas (ATGL) posted a strong Q3 FY26 performance, with PAT up 11% to ₹159 crore against ₹142.38 crore last year. Income swelled 17% to ₹1,631 crore, crossing the ₹1,600 crore threshold, fueled by volume expansion and smart sourcing.
Amid APM gas shortages and Henry Hub-linked RLNG price spikes, ATGL’s multi-source strategy shone through. CEO Suresh Manglani noted, ‘Our team delivered robust results with double-digit gains, ensuring seamless gas supply to all customers.’
CNG and PNG sales volume climbed 12% to 289 MMSCM. The network grew with 18 new CNG stations (total 680), 10.5 lakh domestic PNG connections (34,000+ new), and 9,751 industrial-commercial users (148 added).
JV IOAGPL’s output rose 15% to 460 MMSCM, CNG stations hit 1,120 (41 added), PNG homes topped 12.5 lakh serving 40 lakh+ daily, and industrial connections reached 11,106 (222 new). A nationwide 27,011 inch-km pipeline bolsters the infrastructure.
EBITDA for Q3 was ₹314 crore, nine months ₹919 crore. ATGL adeptly handled 41% less CNG APM and costly alternatives like new well gas, prioritizing consumer supply. This quarter’s success signals ATGL’s readiness for India’s green energy transition.