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Adani Total Gas reports 18% rise in Q4 consolidated net profit

05 May 2021 Evaluate

Adani Total Gas has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a rise of 18.64% in its net profit at Rs 144.82 crore for the quarter under review as compared to Rs 122.07 crore for the same quarter in the previous year. Total income of the company increased by 26.21% at Rs 633.65 crore for Q4FY21 as compared Rs 502.05 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 18.38% in its net profit at Rs 143.73 crore for the quarter under review as compared to Rs 121.41 crore for the same quarter in the previous year. Total income of the company increased by 26.21% at Rs 633.65 crore for Q4FY21 as compared Rs 502.05 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a rise of 8.19% in its net profit at Rs 471.95 crore as compared to Rs 436.24 crore for the previous year. However, total income of the company decreased by 10.14% at Rs 1,828.83 crore for year under review as compared to Rs 2,035.29 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 6.07% in its net profit at Rs 462.82 crore as compared to Rs 436.32 crore for the previous year. However, total income of the company increased by 10.14% at Rs 1,828.83 crore for year under review as compared to Rs 2,035.29 crore for year ended March 31, 2020.

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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