Adani Total Gas is one of India's leading private players in developing city gas distribution (CGD) networks to supply piped natural gas (PNG) to industrial, commercial, domestic (residential) customers and compressed natural gas (CNG) to the transport sector.
The natural gas distribution company’s standalone net profit jumped 58.6% to Rs 165.34 crore in Q4 FY24 as against Rs 104.25 crore recorded in Q4 FY23. Revenue from operations (excluding excise duty) rose 4.61% year on year (YoY) to Rs 1,165.95 crore in the quarter ended 31 March 2024.