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Adani Total Gas Q3 Volumes Jump 12%, EV Charging Network Expands

Adani Total Gas Ltd reported a 12% year-on-year increase in gas volumes for the third quarter of FY26, supported by growth in CNG and PNG segments. The company expanded its CNG infrastructure to 680 stations and increased its PNG household connections to 10.5 lakh. Financially, it posted an EBITDA of Rs 314 crore for Q3 and Rs 919 crore for the nine-month period. The company also significantly scaled its electric vehicle charging network and received upgraded ESG ratings.

Key Points: Adani Total Gas Reports Double-Digit Volume Growth in Q3 FY26

  • 14% gas volume growth for 9M FY26
  • CNG stations reach 680, PNG homes hit 10.5 lakh
  • Q3 EBITDA reported at Rs 314 crore
  • EV charging points expand to 4,908
  • ESG ratings see dual upgrade
3 min read

Adani Total Gas reports double-digit volume growth in Q3 and 9M FY26

Adani Total Gas sees 12% volume growth in Q3 FY26, driven by CNG & PNG. EBITDA at Rs 314 crore. EV charging points near 5,000.

"Team ATGL has delivered yet another strong quarter with double-digit growth in volumes, revenue, and EBITDA. - Suresh P. Manglani"

Ahmedabad, January 22

Adani Total Gas Ltd reported a steady operational performance for the nine months and third quarter of 2025-26, supported by growth in gas volumes and continued expansion of its distribution network.

For the nine-month period, ATGL recorded a 14 percent year-on-year increase in gas volumes, while volumes during Q3 2025-26 rose 12 per cent compared to the corresponding quarter last year.

The growth seemed to have been driven by higher adoption of compressed natural gas (CNG) and piped natural gas (PNG).

During the period, the company expanded its CNG infrastructure, taking the total number of CNG stations to 680. The PNG household customer base also increased to 10.5 lakh homes.

On the financial front, ATGL reported EBITDA of Rs 314 crore for Q3 2025-26. EBITDA for the nine-month period stood at Rs 919 crore.

The Adani Group company also continued to scale its electric mobility initiatives. Installed electric vehicle (EV) charging points increased to 4,908 during the quarter, compared to 4,209 in the previous quarter.

"Team ATGL has delivered yet another strong quarter with double-digit growth in volumes, revenue, and EBITDA. Despite continued lower availability of APM gas and higher Henry Hub-linked RLNG prices, our diversified sourcing strategy enabled us to manage the gas basket efficiently and ensure uninterrupted supplies of PNG and CNG to all our customers," said Suresh P. Manglani, CEO and ED, ATGL.

ATGL received multiple recognitions during the period for its sustainability and safety performance.

On the sustainability front, ATGL achieved dual upgrades in ESG ratings, with its S&P Dow Jones Sustainability Index score rising to 72, taking ATGL ranking up to 9th globally in gas utilities and its CDP rating improving to 'A'.

"This reaffirms our commitment to a responsible energy transition," said Suresh P. Manglani.

"With a strengthened sourcing portfolio, continued digitalisation, operational excellence, and expanding networks across our GAs, continued growth in our EV Charge Points, ATGL is strategically positioned to deliver sustainable growth and long-term value to its all stakeholders," Manglani said.

Adani Total Gas (ATGL), India's leading energy transition company, continues its mission of transforming India's energy landscape through extensive infrastructure development. Today, ATGL announced its operational, infrastructural and financial performance for the quarter and nine months ended December 2025.

ATGL is authorised in 34 Geographical Areas and plays a significant role in the nation's efforts to enhance the share of natural gas in its energy mix.

Of the 53 GAs, 34 are owned by ATGL and the balance 19 GAs are owned by Indian Oil-Adani Gas Private Limited (IOAGPL) - a 50:50 joint venture between Adani Total Gas Limited and Indian Oil Corporation Limited.

Further, ATGL has formed 2 wholly owned subsidiaries namely Adani TotalEnergies E-Mobility Ltd (ATEL) and Adani TotalEnergies Biomass Ltd (ATBL) for its E-Mobility and Biomass Business respectively.

ATGL has also formed a 50:50 joint venture, namely Smart Meter Technologies Private Limited for its gas meter manufacturing business.

- ANI

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Reader Comments

S
Sarah B
The ESG rating improvement is impressive. In the long run, a company's commitment to sustainability is as important as its financials. The 'A' CDP rating and global ranking show they are on the right track for the energy transition.
V
Vikram M
Solid numbers! 14% volume growth is commendable, especially with the challenges in gas sourcing they mentioned. The EV charging point expansion to nearly 5k is also a smart move, aligning with the government's push for electric mobility. Future looks bright.
P
Priya S
While the growth is good, I hope the focus on expansion doesn't compromise on safety. Natural gas needs robust infrastructure. The article mentions safety recognitions, which is reassuring, but constant vigilance is key. Safety first, always.
R
Rohit P
10.5 lakh PNG homes! That's a massive number. This is crucial for India's goal to increase gas share. Cleaner cooking fuel can make a real difference in urban air quality. Hope they keep the pricing competitive for the common man.
M
Michael C
The joint venture structure with Indian Oil and the separate subsidiaries for E-Mobility and Biomass show strategic thinking. Diversifying while focusing on core competencies. The market will likely respond well to this detailed operational update.

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