{"id":171921,"date":"2025-10-29T05:25:13","date_gmt":"2025-10-29T09:25:13","guid":{"rendered":"https:\/\/44.250.171.167\/?p=171921"},"modified":"2025-10-29T05:25:31","modified_gmt":"2025-10-29T09:25:31","slug":"adani-total-gas-2-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/adani-total-gas-2-fy26-earnings-results\/","title":{"rendered":"Adani Total Gas Q2 FY26 Earnings Results"},"content":{"rendered":"<p>Adani Total Gas Limited, incorporated in 2015, is a key player in the city gas distribution (CGD) sector, providing natural gas to domestic, commercial, industrial, and vehicle segments.<\/p>\n<h2>Financial Highlights (Q2 FY26):<\/h2>\n<ul>\n<li>Revenue from operations increased marginally by 19.03% to \u20b91,451 crore from \u20b91,219 crore last year.<\/li>\n<li>Total expenses rose 26.04% to \u20b91,244 crore from \u20b9987 crore.<\/li>\n<li>Consolidated net <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/20af26df-6fb9-4979-8d14-292ba966038f.pdf\" target=\"_blank\" rel=\"noopener\">profit<\/a> declined 12.37% to \u20b9163 crore from \u20b9186 crore.<\/li>\n<li>Earnings per share (EPS) dipped 11.83% to \u20b91.49 from \u20b91.69.<\/li>\n<\/ul>\n<h2>Key Insights:<\/h2>\n<ul>\n<li>Despite revenue growth driven by higher sales volumes, the profit declined mainly due to a 29% jump in gas costs, driven by lower APM gas allocation and increased costs of alternate gas sources such as NWG and HPHT.<\/li>\n<li>The company expanded its customer base, crossing 1 million PNG connections and increasing CNG stations to over 662, with a 16% volume growth in CNG and PNG segments.<\/li>\n<li>Operationally, gross margins were impacted by elevated input costs, but the company maintained its strategic growth through infrastructure expansion and a diversified sourcing strategy.<\/li>\n<li>The company\u2019s efforts in safety, sustainability, and customer satisfaction continue to be recognized via PNGRB awards and increased market standing.<\/li>\n<\/ul>\n<h2>Market Outlook:<\/h2>\n<p>Despite the profit decline, Adani Total Gas\u2019s volume growth and infrastructure expansion indicate resilience and growth potential. The company remains focused on balancing cost management with growth investments in the evolving natural gas sector.<\/p>\n<p>Explore the company\u2019s past earnings and latest concall transcripts, <a href=\"https:\/\/44.250.171.167\/symbol\/atgl\/\">click here<\/a> to visit the AlphaStreet India News Channel.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-171922\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/AT-1.png\" alt=\"Q2 FY26\" width=\"1489\" height=\"1817\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/AT-1.png 1489w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/AT-1-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/AT-1-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/AT-1-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/AT-1-1259x1536.png 1259w\" sizes=\"auto, (max-width: 1489px) 100vw, 1489px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Total Gas Limited, incorporated in 2015, is a key player in the city gas distribution (CGD) sector, providing natural gas to domestic, commercial, industrial, and vehicle segments. Financial Highlights (Q2 FY26): Revenue from operations increased marginally by 19.03% to \u20b91,451 crore from \u20b91,219 crore last year. Total expenses rose 26.04% to \u20b91,244 crore from [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":171922,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[14443],"class_list":["post-171921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-city-gas-distribution"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/AT-1.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":169511,"url":"https:\/\/alphastreet.com\/india\/adani-total-gas-ltd-q1-fy26-earnings-results-revenue-up-20-net-profit-down-4-yoy\/","url_meta":{"origin":171921,"position":0},"title":"Adani Total Gas Ltd Q1 FY26 Earnings Results \u2013 Revenue Up 20%, Net Profit Down 4% YoY","author":"Divyansh_Kasana","date":"July 29, 2025","format":false,"excerpt":"Adani Total Gas Limited (ATGL) is a leading player in the City Gas Distribution (CGD) sector, catering to a diverse set of customers\u2014domestic, commercial, industrial, and transport\u2014by supplying natural gas across urban and industrial corridors in India. The company operates as a joint venture between the Adani Group and TotalEnergies,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172386,"url":"https:\/\/alphastreet.com\/india\/indraprastha-gas-q2-fy26-earnings-results\/","url_meta":{"origin":171921,"position":1},"title":"Indraprastha Gas\u00a0Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"November 13, 2025","format":false,"excerpt":"Indraprastha Gas Limited (IGL), a city gas distribution company servicing Delhi and surrounding regions, announced mixed financial results for Q2FY26. Financial Highlights: Revenues rose 8.79% year-on-year to \u20b94,023 crore from \u20b93,698 crore. Total expenses increased 13.06% to \u20b93,713 crore from \u20b93,284 crore. Consolidated net profit declined 15.2% to \u20b9385 crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/igl.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/igl.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/igl.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/igl.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/igl.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/igl.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172292,"url":"https:\/\/alphastreet.com\/india\/gujarat-gas-q2-fy26-earnings-results\/","url_meta":{"origin":171921,"position":2},"title":"Gujarat Gas\u00a0Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"November 11, 2025","format":false,"excerpt":"Gujarat Gas Limited, a government company engaged in natural gas distribution including CNG and PNG connections in South & Central Gujarat and Saurashtra, reported stable top-line yet moderated profits in Q2FY26. Financial Results: Revenues for Q2FY26 stood at \u20b93,780 crore, nearly flat with a minor year-on-year decline of 0.05% from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/G-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/G-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/G-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/G-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/G-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/G-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171969,"url":"https:\/\/alphastreet.com\/india\/mahanagar-gas-q2-fy26-earnings-results\/","url_meta":{"origin":171921,"position":3},"title":"Mahanagar Gas Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 30, 2025","format":false,"excerpt":"Mahanagar Gas Ltd is engaged in the business of City gas distribution (CGD), presently supplying natural gas in the city of Mumbai including adjoining areas and the Raigad District in the state of Maharashtra. \u00a0 Q2 FY26 Earnings Results: Revenue from Operations: \u20b92,050 crore, up 14.8% YoY, down 1.6% QoQ.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Mahanagar Gas Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mahanagar-Gas-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mahanagar-Gas-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mahanagar-Gas-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mahanagar-Gas-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mahanagar-Gas-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Mahanagar-Gas-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172039,"url":"https:\/\/alphastreet.com\/india\/gail-q2-fy26-earnings-results\/","url_meta":{"origin":171921,"position":4},"title":"GAIL Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"November 3, 2025","format":false,"excerpt":"GAIL (India) Ltd, a government-owned natural gas company, reported a mixed Q2 FY26 with revenue growth overshadowed by a substantial decline in profits. Financial Summary: Revenues rose 4.86% year on year to \u20b935,537 crore from \u20b933,889 crore. Total expenses increased 7.81% to \u20b933,488 crore from \u20b931,062 crore. Consolidated net profit\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GA.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GA.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GA.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GA.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/GA.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172818,"url":"https:\/\/alphastreet.com\/india\/azad-engineering-q2-fy26-earnings-results\/","url_meta":{"origin":171921,"position":5},"title":"Azad Engineering Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"December 1, 2025","format":false,"excerpt":"Azad Engineering Ltd , incorporated in 1983 and a key manufacturer of precision aerospace components and turbines supplied to global OEMs in aerospace, defense, energy, and oil & gas sectors, reported robust financial results for Q2FY26. Financial Highlights: Revenues increased 28.83% year-on-year to \u20b9143 crore from \u20b9111 crore, marking record\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/A.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/A.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/A.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/A.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/A.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/A.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/171921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=171921"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/171921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/171922"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=171921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=171921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=171921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}