Ahmedabad, Oct 29 (IANS) : Adani Total Gas Ltd (ATGL) reported a 19% increase in revenue from operations in Q2 FY26, totaling Rs 1,569 crore, with a 16% rise in combined CNG and PNG volumes.
The number of CNG stations reached 662, and PNG households surpassed 1 million. Industrial and commercial connections rose to 9,603. CEO Suresh P Manglani highlighted effective strategies leading to this growth, despite challenges from reduced gas supply and higher costs.
ATGL’s EBITDA for Q2 FY26 was Rs 302 crore. The company’s credit rating has been upgraded to ‘AA+ (Stable)’ by ICRA, reflecting positive assessments of its operational scale, financial health, and gas sourcing.
