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24-Oct-2024

Adani Total Gas

Volume growth was 15%


'Net sales (including other operating income) of Adani Total Gas has increased 11.23% to Rs 1218.65 crore  on account of higher volume and sales realization.  Overall volume has increased by 15% YoY. CNG Volume increased by 19% YoY on account of network expansion across multiple Geographical Areas (GAs). With stabilization of gas prices, there has been an increase in consumption of PNG Industrial volume, and coupled with the addition of new PNG connection in domestic and commercial segments, PNG Volume has increased by 7% YoY

Operating profit margin has declined from 25.55% to 25.09%, leading to 9.23% rise in operating profit to Rs 305.77 crore , supported by volume growth due to infrastructure expansion and operational efficiency.  Raw material cost as a % of total sales (net of stock adjustments) increased from 63.15% to 63.45%.   Employee cost decreased from 1.52% to 1.15...



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