Adani Total Gas records 17% surge in gas sales in Q2 FY22

30 Oct 2021 CW Team

Adani Total Gas Limited has recorded a 17% rise in the September quarter net profit on the back of a surge in gas sales volumes.

Net profit in July-September at Rs 159 crore as against Rs 136 crore profit in the corresponding period last year, the firm said in a statement.

With economic activity picking up after the Covid-19 pandemic, CNG sales surged 54% to 91 million cubic meters in Q2 FY22.

Piped gas supplies grew 17% to 84 mmscmd.

Combined CNG and piped natural gas volume increased by 33% t at 175 mmscm. The company exited the quarter with a sale volume of 2.09 million standard cubic meters per day, as against 1.79 mmscmd at the end of the first quarter.

Revenue from operations was increased by 56% at Rs 687 crore.

The firm said that it launched 20 new CNG dispensing stations, taking the total network strength to 244. It added 18,659 new connections to assist cross the 5 lakh target for piped natural gas connections.

Commenting on the result, Gautam Adani, Chairman, Adani Group, told the media that he has very little doubt that gas would continue to play a significantly important role in India's energy mix. The ability to distribute gas across the country is a significant advantage that the Adani Group and TotalEnergies will bring to the people.

ATGL implemented, during the quarter, a joint venture deal with 50% shareholding for installing a manufacturing plant for mechanical and smart gas meters under the Atmanirbhar Bharat initiative.

Additionally, ATGL also has inked a definitive agreement for exclusive collaboration for installing a bio-conversion plant in Barsana having India's largest cow shelter with around 60,000 cows in a single location, said Adani.

Image Source

Also read: SC dismisses Adani Gas’ plea against awarding of CGD to Gujarat Gas

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..