Shares of Adani Total Gas rose over 5% in early trade on Tuesday, April 28, after the company reported a strong set of Q4FY26 results. The stock was trading around Rs 668.45, up Rs 32.85 from its previous close of Rs 635.60.
The company reported a 9% year-on-year rise in net profit to Rs 168.34 crore for Q4FY26, compared to Rs 154.59 crore in the same quarter last year. On a sequential basis, profit increased 8% from Rs 157.22 crore.
Revenue from operations saw a strong uptick, rising 16.62% YoY to Rs 1,694.61 crore, supported by higher gas consumption and expansion across segments. Operational performance remained robust, with gas volumes increasing 13% YoY to 297 MMSCM during the quarter.
Earnings before interest, tax, depreciation and amortisation (EBITDA) also improved, rising 13% YoY to Rs 310 crore, reflecting steady operational growth.
For the full financial year FY26, the company reported a 14% increase in total volumes to 1,133 MMSCM, while annual EBITDA grew 5% to Rs 1,225 crore.
The company continued to expand its infrastructure, with its CNG station network reaching 705 stations, while PNG household connections crossed 1.1 million. It also strengthened its footprint with pipeline expansion and additional city gas infrastructure.
The strong earnings growth, volume expansion, and continued infrastructure build-out appear to be key factors driving the stock’s sharp rise today.
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