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Adani Gas reports 12% rise in Q2 consolidated net profit

04 Nov 2020 Evaluate

Adani Gas has reported results for second quarter ended September 30, 2020.

The company has reported 12.65% rise in its net profit of Rs 135.67 crore for the quarter under review as against net profit of Rs 120.43 crore for the same quarter in the previous year. However, total income of the company decreased 12.68% at Rs 449.20 crore for Q2FY21 as compared Rs 514.43 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 11.87% rise in its net profit at Rs 134.31 crore for the quarter under review as against net profit of Rs 120.06 crore for the same quarter in the previous year. However, total income of the company decreased by 12.68% at Rs 449.20 crore for Q2FY21 as compared Rs 514.43 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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