Adani Total Gas Profit Rises Six Percent
Adani Total Gas posted a six percent increase in second quarter profit supported by higher natural gas volumes. Compressed natural gas volumes grew seventeen percent while revenue rose thirty four percent.
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ADANI TOTAL GAS LTD reported a 6% rise in quarterly net profit on Thursday, reaching 1.73 billion rupees ($18.24 million) for the July-September period. The joint venture between Adani Group and TOTALENERGIES SE expanded operations across India despite ongoing cost pressures. Higher sales volumes helped offset headwinds from geopolitical tensions and elevated commodity prices.
