Adani Total Gas Reports 18% Rise In Q3 Profit Boosted By CNG Sales | Read

Adani Total Gas reported a nearly 18% rise in its third-quarter profit on Tuesday, boosted by strong sales of its compressed natural gas (CNG). The company, which distributes piped gas to various Indian cities, said consolidated profit rose to 1.77 billion rupees (nearly $21 million) for the quarter ended Dec. 31 from 1.50 billion rupees a year earlier. Adani Total Gas has been reporting consistently higher quarterly profits since March 2023.

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