'Net
sales (including other operating income) of Adani Total Gas has increased
11.96% to Rs 1294.46 crore. CNG Volume
increased by 19% YoY to 171 mmscm (million standard cubic meters) on account of
CNG network expansion across multiple Geographical Areas (GAs) while PNG volume
increased 8% to 86 mmscm. Overall sales volume rose 15% to 257 mmsc. The
company added 28 CNG stations in Q3 to reach at 605 CNG stations across 34 GAs.
It expanded PNG home connections to 9.22 lakh, by adding 28,677 new households
Operating
profit margin has declined from 24.91% to 20.45%, leading to 8.09% decline in
operating profit to Rs 264.72 crore.
Raw
material cost as a % of total sales (net of stock adjustments) increased from
63.75% to 68.54%. Employee cost
decreased from 1.44% to 1.11%. Other
expenses fell from 9.94% to 9.87%.
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