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Adani Gas reports 44% rise in Q1 consolidated net profit

08 Aug 2019 Evaluate

Adani Gas has reported results for first quarter ended June 30, 2019.

The company has reported 43.24% rise in its net profit at Rs 79.27 crore for the quarter under review as compared to Rs 55.34 crore for the same quarter in the previous year. Total income of the company increased by 13.41% at Rs 489.71 crore for Q1FY20 as compared Rs 431.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 44.02% in its net profit at Rs 79.31 crore for the quarter under review as compared to Rs 55.07 crore for the same quarter in the previous year .Total income of the company increased by 13.41% at Rs 489.71 crore for Q1FY20 as compared Rs 431.80 crore for the corresponding quarter previous year.

Peers
Company Name CMP
GAIL (India) 170.50
Gujarat Energy 243.45
Indraprastha Gas 150.15
Mahanagar Gas 1072.65
Adani Total Gas 579.95
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