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Adani Total Gas reports 8% rise in Q2 consolidated net profit

01 Nov 2023 Evaluate

Adani Total Gas has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 20.42% rise in its net profit at Rs 167.79 crore for Q2FY24 as compared to Rs 139.34 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 1.02% at Rs 1188.18 crore for Q2FY24 as compared Rs 1200.43 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 7.91% rise in its net profit at Rs 172.68 crore for the quarter under review as compared to Rs 160.02 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 1.04% at Rs 1187.98 crore for Q2FY24 as compared Rs 1200.43 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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