Adani Total Gas FY24 profit surges 23% at ₹653 cr; revenue up 3%
For FY24, EBITDA stood at ₹1,150 crore, a growth of 27% YoY, driven by higher volume and opex optimisation.
For FY24, EBITDA stood at ₹1,150 crore, a growth of 27% YoY, driven by higher volume and opex optimisation.
Adani TotalEnergies Biomass, a subsidiary of Adani Total Gas, has begun operations at phase 1 of its Barsana Biogas Plant, located in UP.
Adani group stocks fell in the range of 2-8% amid a report that the U.S. government widened its probe against the conglomerate over suspicions of bribery.
OMCs have slashed petrol and diesel prices across the country by ₹2 per litre for the first time in two years since April 2022.
Mahanagar Gas on Tuesday cut CNG prices by ₹2.5 per kg to ₹73.50 per kg, citing dip in gas input costs.
ATGL and INOXCVA will mutually accord a “preferred partner” status for the delivery of LNG and LCNG equipment and services.
The pilot project is expected to be commissioned by the first quarter of 2024-25.
Adani Total Gas shares touched its 20% upper circuit limit, while Adani Energy Solutions, Adani Power, Adani Enterprises, NDTV, Adani Green rose between 10-19%.
For Q2 FY24, ATGL reported 8% YoY rise in consolidated net profit at ₹173 crore, while revenue from operations dropped 1% to ₹1,179 crore.
Adani Total Gas shares touched two-year low, while Adani Enterprises extends losing streak for the 9th straight session.