Adani Total Gas Reports Strong Q3 FY26 Growth
In Q3 FY26, combined compressed natural gas (CNG) and piped natural gas (PNG) volumes reached 289 million standard cubic metres, reflecting year-on-year growth of 12 per cent. The company expanded its CNG station network to 680 stations with the addition of 18 new outlets, while PNG household connections increased to 1.05 million homes with the addition of 34,210 new customers. Industrial and commercial connections rose to 9,751, with 148 new customers added during the quarter.
On a pan-India basis, combined CNG and PNG volumes stood at 460 million standard cubic metres, up 15 per cent year-on-year. The combined network expanded to 1,120 CNG stations, while PNG home connections crossed 1.25 million, reflecting steady growth in household adoption. The company also strengthened its steel pipeline network, supporting long-term distribution capacity.
Financially, ATGL reported Q3 FY26 revenue from operations of Rs 16.31 billion, up 17 per cent year-on-year. EBITDA increased by 15 per cent to Rs 3.13 billion, while profit after tax (PAT) rose by 10 per cent to Rs 1.57 billion. Consolidated PAT stood at Rs 1.59 billion for the quarter.
For 9M FY26, revenue from operations reached Rs 46.92 billion, representing year-on-year growth of 19 per cent. EBITDA rose by 3 per cent to Rs 9.16 billion, while PAT stood at Rs 4.81 billion. Consolidated PAT for the nine-month period was Rs 4.87 billion. Q3 FY26 and 9M FY26 EBITDA stood at Rs 3.14 billion and Rs 9.19 billion respectively, underscoring sustained profitability despite input cost pressures.
ATGL continued to expand its clean energy footprint beyond gas distribution. Adani TotalEnergies E-mobility Limited increased installed electric vehicle charging points to 4,908 across 26 states and union territories and 226 cities, while installed capacity rose to 51 MW. Adani TotalEnergies Biomas Limited reported sales of 1,218 metric tonnes of compressed biogas in 9M FY26, with fermented organic manure sales crossing 1,000 tonnes.
Despite challenges such as higher LNG costs and currency volatility, the company ensured uninterrupted gas supply and continued to deliver volume, revenue and EBITDA growth. ATGL’s consumer-centric pricing approach and expanding infrastructure underline its strategic focus on affordability, sustainability and long-term growth in India’s energy transition.