Adani Total Gas Limited (ATGL) has posted a strong performance in the first quarter of FY27, reporting a 27% year-on-year jump in revenue to Rs. 1,910 crore and a 13% rise in combined CNG and PNG volumes.

 

The company’s Q1FY27 performance was driven by sustained operational expansion, growing consumer adoption of cleaner fuels and continued investments across its energy infrastructure network.

 

ATGL expanded its CNG network to 707 stations, adding five new stations during the quarter, while PNG connections grew to approximately 11.41 lakh households with 38,243 new additions. The company also increased its industrial and commercial customer base to 10,422 connections, adding 448 new consumers, and completed nearly 15,987 Inch Km of steel pipeline network.

 

Across its pan-India footprint, including its joint venture with IOAGPL, ATGL recorded combined CNG and PNG volumes of 496 MMSCM, marking a 13% year-on-year increase. The wider network now includes 1,167 CNG stations, more than 13.75 lakh PNG home connections serving over six million lives daily, and 12,326 industrial and commercial connections.

 

Growth amid global energy volatility

ATGL’s quarterly performance came against the backdrop of a challenging global energy environment, marked by geopolitical tensions, elevated crude prices and currency fluctuations.

 

The company said the West Asia crisis pushed up Brent-linked gas costs across New Well Gas, Regasified Liquefied Natural Gas (RLNG) and spot LNG markets. The increase in the APM gas price ceiling, along with currency depreciation, resulted in a 39% year-on-year rise in gas procurement costs during the quarter.

 

Despite these pressures, ATGL maintained supply continuity through operational discipline and a calibrated approach to managing market volatility.

 

“ATGL yet again, delivered robust growth in volumes up by 13% YoY and revenue up by 27% during Q1 FY27, driven by strong operational performance, and increasing consumer preference for cleaner fuels.

 

The operating environment remained dynamic, with elevated gas prices, higher Brent crude prices, compounded by currency volatility, and geopolitical developments negatively impacting global energy supplies. 

 

"While these factors exerted pressure on gas sourcing strategy for CGD Industry, our focus remained ensuring supply continuity, enhancing operational efficiency, safeguarding CNG and PNG consumers from undue risks and creating long-term value for customers and stakeholders.”

 

ATGL’s new-age energy businesses also recorded expansion during the quarter.

 

Adani TotalEnergies E-mobility Limited (ATEL) increased its EV charging footprint to 5,306 installed charge points across 26 states and Union Territories and 226 cities, taking installed capacity to approximately 58 MW.

 

Adani TotalEnergies Biomass Limited (ATBL) sold 323 metric tonnes of compressed biogas (CBG) during Q1FY27 through dedicated CBG stations and third-party channels. 

 

The company’s FOM sales reached 5,533 tonnes, including 760 tonnes sold under the Harit Amrit brand, which recorded eightfold year-on-year growth. Harit Amrit also launched organic fertiliser products for the nursery segment in 1 kg and 5 kg packs.

 

For Q1FY27, the company posted a 27% year-on-year jump in revenue at Rs. 1,910 crore. It's  standalone EBITDA stood at Rs. 281 crore, while profit after tax (PAT) was Rs. 133 crore. On a consolidated basis, EBITDA stood at Rs. 283 crore and PAT reached Rs. 142 crore.

 

ATGL said continued support from the Government of India through regulatory relief measures, including uninterrupted gas supply facilitation and waiver of imbalance and system disciplinary charges, along with faster statutory approvals from state governments, helped the company navigate the challenging operating environment.