By: ICN Bureau
Last updated : February 04, 2021 11:44 am
The company has reported total income of Rs.1195.18 crores during the 9 months period ended December 31, 2020.
Adani Total Gas has reported total income of Rs.531.04 crores during the period ended December 31, 2020 as compared to Rs.449.20 crores during the period ended September 30, 2020 and Rs.529.10 crores during the period ended December 31, 2019.
The company has posted net profit of Rs.145.87 crores for the period ended December 31, 2020 as against net profit of Rs.134.31 crores for the period ended September 30, 2020 and a net profit of Rs.115.54 crores for the period ended December 31, 2019.
Adani Total Gas has reported total income of Rs.1195.18 crores during the 9 months period ended December 31, 2020 as compared to Rs.1533.24 crores during the 9 months period ended December 31, 2019. The company has posted net profit of Rs.319.09 crores for the 9 months period ended December 31, 2020 as against net profit of Rs.314.91 crores for the 9 months period ended December 31, 2019.
Commenting on the quarter result of the company, Gautam Adani, Chairman, Adani Group said, "I am witnessing the progress made by the combined synergies of Adani and Total. Our collective strengths will significantly contribute towards creation of a gas-based economy. We are committed to take this cleaner fuel across the nation in line with our vision to build a sustainable future."
Suresh P Manglani, CEO of Adani Total Gas said, "The Company is renamed to "Adani Total Gas Limited" (ATGL) to reflect the strong interest of two promoter partners. The Company has reported second successive quarter of highest ever financial performance with robust physical infrastructure growth despite ongoing pandemic. We continue to pursue the strategy of expanding CGD Infrastructure on fast track mode. We are consistently encouraging society to convert their vehicles to environmental-friendly CNG and contribute in reducing the carbon footprint."