Adani Total Gas reports strong volume growth, credit rating upgrades

Adani Total Gas Limited (ATGL) announced robust overall volume growth of 16% year-on-year for the half-year ended September 30, 2025. CNG volumes increased by 19% year-on-year for the half-year and 18% for Q2 FY26, while P&G volumes grew 9% for the half-year and 11% for Q2. The company's network expanded with 12 new CNG stations, bringing the total to 662, and added approximately 54,000 new P&G home connections in the first half, surpassing 1 million consumers.

Financially, revenue from operations for Q2 FY26 rose 19% to INR1,569 crores and 20% to INR3,060 crores for the first half, reflecting strong volume growth. EBITDA for Q2 FY26 stood at INR302 crores and INR603 crores for the first half. Profit after tax for Q2 was INR162 crores, with the first half reaching INR324 crores.

Furthermore, ATGL received upgraded credit ratings of AA+ with a stable outlook from ICRA, CARE, and CRISIL, underscoring its healthy volume growth, strong promoter backing, and sound financial profile. The company is also making strides in e-mobility, increasing its installed charging points to 4,209.