Adani Green’s energy sales increases 42% YoY with consistent strong financial performance in Q1 FY26

Overall Volume up by 16% in Q1 FY26, Y-o-Y

CNG network increases to 650 stations

PNG household increased to 9.90 lakh PNG homes

EBITDA for the quarter stood at INR 301 Cr

Installed EV charging points increases to 3,801

Editor’s Synopsis

Operational Highlights Q1FY26 (Standalone):

  • CNG network reaches 650 stations, added 3 CNG stations
  • Expanded PNG home connections to 9.90 lakh, added 26,869 new homes on PNG
  • Increased Industrial & Commercial connections to 9,456 with 157 new customers added
  • Completed cumulative ~ 14,197 Inch Km of Steel Pipeline network
  • Combined CNG and PNG volume of 267 MMSCM, increase of 16%, Y-o-Y

Pan India Footprint –Q1FY26 (With JV namely IOAGPL):

  • Combined network of 1,078 CNG Stations, with 6 new stations added
  • Total PNG home at 1.17+ Mn, added 0.35 lakh new households on PNG
  • Grew Industrial & Commercial connections to 10,640, by adding 312 new consumers
  • Completed cumulative ~25,829 Inch Km of Steel Pipeline network

Key Business updates

  • The combined supply of APM and New Well Gas (NWG) / Intervention Gas for CNG segment was at ~61%.
  • ATGL and Jio-bp (operating brand of Reliance BP Mobility Limited) signed an agreement to provide Fuel Offerings to consumers.
  • Under this partnership, select ATGL fuel outlets will offer Jio-bp’s high-performance liquid fuels (petrol and diesel), while within ATGL’s authorised Geographical Areas, select Jio-bp fuel outlets will integrate ATGL’s CNG dispensing units, thus enhancing the supply of high-quality fuels to transport consumers.

Adani TotalEnergies E-mobility Limited (ATEL):

  • ATEL has now expanded its footprint to 3,801 installed EV charging points across 26 states/UTs
  • Installed capacity increases to ~39 MW

Adani TotalEnergies Biomass Limited (ATBL)

  • Commissioned 1st DODO Compressed Biogas Station in Hodal, Haryana >

Financial Highlights Q1FY26 (Standalone) Y-o-Y:

  • Revenue from Operations at INR 1,491 Cr, increased by 21%
  • EBITDA stood at INR 301 Cr
  • PAT for the quarter was INR 162 Cr

Consolidated Q1FY26 PAT

  • Earned a consolidated PAT of INR 165 Cr

Ahmedabad, 28th July 2025 : Adani Total Gas Ltd (ATGL), India’s leading energy transition company, continues its mission of transforming India's energy landscape through extensive infrastructure development. Today, ATGL announced its operational, infrastructural and financial performance for the quarter ended 30th June 2025.

“During the quarter, we achieved a robust year-on-year volume growth of 16%, driven by a 21% increase in CNG volumes. We are continuing expansion of our CGD networks across all 34 Geographical Areas (GAs) with over 14,000 inch-km of backbone steel pipelines, 650 CNG stations and are very close to touching 1 million consumers base. EV charging points have increased to over 3,800. This all-round superior performance was delivered while APM gas allocation for CNG was at 43% and the balance supplies were being offset with allocation of higher priced new wells and HPHT (High Pressure High Temperature) gas. As a result of our continued efforts to build a robust gas sourcing portfolio, enhanced operational efficiency and digitalisation of processes, we have ensured 100% reliability of supply and continuation of prudent pricing to our consumers both for PNG and CNG. Happy to note that Team ATGL has delivered sustained stable EBITDA even as gas prices rose sharply year-on-year.

“Looking ahead, we are focused on expanding not only our CGD infrastructure across our geographical areas but also our LNG, e-mobility solutions, and CBG (Compressed Biogas) businesses. During the quarter, we commissioned our first CBG station in Haryana. Additionally, our recent partnership with Jio-bp, which will see both partners offering each other's fuel options at select outlets, is expected to help us accelerate addition of DODO and CODO CNG stations with Jio-bp fuels across all our 34 GAs.

“We remain fully committed to supporting India’s energy transition by providing low-carbon solutions across industrial, household, and transportation sectors,” said Mr. Suresh P Manglani, ED & CEO of Adani Total Gas.

Standalone Operational and Infrastructural Highlights:

Operational Performance

Particulars UoM Q1 FY26 Q1 FY25 % Change YoY
Sales Volume MMSCM 267 230 16%
CNG Sales MMSCM 185 153 21%
PNG Sales MMSCM 82 77 6%

Infrastructure Performance

Particulars UoM As on 30 Jun’ 25 Q1 Additions
CNG Stations Nos. 650 3
MSN (IK) Nos. 14,197 425
Domestic-PNG Nos. 989,537 26,869
Commercial-PNG Nos. 6,466 125
Industrial-PNG Nos. 2,990 32

Infrastructure & Operations Commentary – Q1FY26

  • CNG stations network reaches 650 CNG stations across 34 Geographical Areas (GA)
  • Over 9.9 lakh homes are now connected with Piped Natural gas
  • CNG Volume increased by 21% Y-o-Y on account of higher penetration of CNG network expansion across multiple GAs
  • With the addition of new PNG connections, PNG Volume has increased by 6% Y-o-Y
  • Overall volume has increased by 16% Y-o-Y

Standalone Financial Highlights:

Particulars UoM Q1 FY25 Q1 FY26 % Change YoY
Revenue from Operations INR Cr 1,491 1,237 21%
Cost of Natural Gas INR Cr 1,049 804 31%
Gross Profit INR Cr 442 434 2%
EBITDA INR Cr 301 308 -2%
Profit Before Tax INR Cr 219 237 -7%
Profit After Tax INR Cr 162 177 -8%

Results Commentary Q1FY26

  • Revenue from operations rose by 21% on account of the higher volume, primarily on CNG segment.
  • Besides higher volume, the gas cost increased by 31% largely due to the lower allocation of APM to CNG segment being replaced by high priced New well gas and HPHT gas
  • To ensure volume growth, ATGL took a calibrated approach in passing on the higher price to consumers.
  • Consequently, EBITDA for Q1FY26 stood at INR 301 Cr.

Key ESG Highlights

  • ESG rating assessed by CRISIL improved to ‘Crisil ESG 61’ from ‘Crisil ESG 59’ and has moved into “STRONG” category from ADEQUATE

Other Releases

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November 21, 2024
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