Adani Total Gas Q4 Results 2026: Profit Up by 4%, ₹0.25 Dividend Declared!

Adani Total Gas Ltd (ATGL) reported a steady performance for the fourth quarter ended March 31, 2026, supported by strong volume growth despite rising input costs and global energy volatility. The company also announced a dividend for FY26, signalling continued shareholder returns even as margin pressures persisted.

Profit And Revenue Growth Remain Steady

ATGL posted a standalone profit after tax (PAT) of ₹156 crore in Q4 FY26, marking a 4% year-on-year increase from ₹149 crore in the corresponding quarter last year. On a sequential basis, PAT rose 6% from ₹159 crore in Q3 FY26.

Revenue from operations grew 16% YoY to ₹1,696 crore, driven primarily by higher volumes across segments. EBITDA increased 13% YoY to ₹310 crore, reflecting operational resilience despite cost pressures.

On a consolidated basis, net profit stood at ₹168 crore, up 9% YoY, while revenue rose 17% to ₹1,695 crore. However, for the full year FY26, PAT declined marginally by 2% to ₹637 crore, indicating some pressure on overall profitability.

Rising Costs And Operational Performance

The company faced a sharp 18% YoY increase in natural gas costs during the quarter, which rose to ₹1,199 crore due to lower allocation of APM gas, higher Henry Hub prices, and elevated spot LNG rates amid geopolitical tensions.

Despite this, ATGL maintained volume growth momentum. CNG volumes rose 17% YoY, supported by network expansion, while PNG volumes increased 5%. Overall volumes grew 13%, with approximately 11 lakh households now connected to piped natural gas.

The company adopted a calibrated pricing strategy, partially passing on higher costs to consumers to sustain demand and protect volumes.

Dividend Announcement And Record Date

The board recommended a dividend of ₹0.25 per equity share (face value ₹1) for FY26, subject to shareholder approval at the upcoming AGM.

The record date has been fixed as June 12, 2026, to determine eligible shareholders. The dividend, if approved, is expected to be paid on or after June 26, 2026, with applicable tax deductions.

Read more: Will LPG Prices Rise Again in May 2026? New Rules, Higher Costs, and Big Changes Explained.

Conclusion

Adani Total Gas delivered a stable quarter with consistent volume-led growth and improved revenues, even as rising gas costs weighed on margins. With continued expansion in CNG, PNG, and EV infrastructure, and a strategic focus on India’s energy transition, ATGL remains well-positioned for long-term growth. However, cost pressures and global energy uncertainties could continue to influence profitability in the near term.

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