Adani Total Gas on Monday reported an 8% fall in its Q4FY25 net profit at Rs 154 crore versus Rs 168 crore reported in the year ago period. The company's revenue in the March-ended quarter stood at Rs 1,453 crore, up 15% year-on-year from Rs 1,258 crore.
However on a sequential basis, the profit after tax (PAT) increased by 9% versus Rs 142 crore in Q3FY24. The revenue was 4% higher on a sequential basis Rs 1,401 crore reported in the October-December quarter.
The company's board recommended a dividend of Rs 0.25 per equity share for the financial year 2024-25.
The YoY decline in the company's PAT could be attributed to the rise in expenses of ATG over the corresponding quarter of the last financial year. ATG incurres expenses of Rs 1,264.11 crore versus Rs 1,048.34 crore in Q4FY24. This was a 21% uptick. The expenses grew 4% on a sequential basis versus Rs 1,217 crore in the October-December 2024 quarter. The heads include cost of natural gas and traded items, excise duty and finance costs among other things.
The earnings were announced after market hours and shares of Adani Total Gas today ended at Rs 617.75 on the NSE, gaining by Rs 17.75 or 2.96% over the Friday closing price.
ATG's profit before tax (PBT) in Q4FY25 stood at Rs 204 crore up from Rs 192 crore in Q3FY25 and down from Rs 229 crore.
For the full financial year, the net profit stood at Rs 654 crore, down 2% from Rs 668 crore in FY24. The topline for FY25 stood at Rs 5,412 crore versus Rs 4,816 crore in FY24, registering a 12% downtick.
Also Read: TVS Motor Q4 Results: Standalone PAT jumps 76% YoY to Rs 852 crore, revenue up 17%
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
However on a sequential basis, the profit after tax (PAT) increased by 9% versus Rs 142 crore in Q3FY24. The revenue was 4% higher on a sequential basis Rs 1,401 crore reported in the October-December quarter.
The company's board recommended a dividend of Rs 0.25 per equity share for the financial year 2024-25.
The YoY decline in the company's PAT could be attributed to the rise in expenses of ATG over the corresponding quarter of the last financial year. ATG incurres expenses of Rs 1,264.11 crore versus Rs 1,048.34 crore in Q4FY24. This was a 21% uptick. The expenses grew 4% on a sequential basis versus Rs 1,217 crore in the October-December 2024 quarter. The heads include cost of natural gas and traded items, excise duty and finance costs among other things.
The earnings were announced after market hours and shares of Adani Total Gas today ended at Rs 617.75 on the NSE, gaining by Rs 17.75 or 2.96% over the Friday closing price.
ATG's profit before tax (PBT) in Q4FY25 stood at Rs 204 crore up from Rs 192 crore in Q3FY25 and down from Rs 229 crore.
For the full financial year, the net profit stood at Rs 654 crore, down 2% from Rs 668 crore in FY24. The topline for FY25 stood at Rs 5,412 crore versus Rs 4,816 crore in FY24, registering a 12% downtick.
Also Read: TVS Motor Q4 Results: Standalone PAT jumps 76% YoY to Rs 852 crore, revenue up 17%
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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