Adani Total Gas reports margin squeeze due to spot purchases
after close1 source ↓written by the desknot a recommendation
- in standalone revenue
- 27% YoY increase
- for Q1FY27
- ₹1,908 cr
- in sales volume
- 13% rise
- sales volume
- 303 MMSCM
- due to high
- 18% to ₹133 cr
Adani Total Gas reported a 27% YoY increase in standalone revenue to ₹1,908 cr for Q1FY27, driven by a 13% rise in sales volume to 303 MMSCM. However, net profit fell 18% to ₹133 cr due to high natural gas costs and reliance on costly spot market purchases. Management anticipates margin recovery as geopolitical tensions ease.
Not investment advice. For informational purposes only.