The Hindu·2 min read·medium
Adani Total Gas’ first-quarter profit drops 18% on high LNG costs amid West Asia crisis
T
The Hindu Bureau
✦AI Summary
Adani Total Gas reported an 18% drop in net profit for the first quarter of FY 2027 due to rising liquefied natural gas procurement costs. Despite the profit decline, the company saw a 27% increase in revenue and a 13% growth in overall sales volume.
Adani Total Gas’ (ATGL) net profit fell 18% year-on-year (YoY) to ₹133 crore in the June-end quarter as costs of procuring liquefied natural gas (LNG) elevated due to the conflict in West Asia.
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