Adani Total Gas Limited (ATGL) Q2 25/26 earnings summary

Executive summary

• Achieved robust volume growth with CNG up 19% and PNG up 9% year-over-year in H1FY26, supported by network expansion and addition of new CNG stations and EV charging points.

• Surpassed 1 million total consumers, expanded e-mobility to 4,209 EV charging points in 226 cities, and added 15 new CNG stations and 752 inch-km of steel pipeline in H1FY26.

• Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

• Appointment of Mr. K. Jairaj as Additional Director (Non-Executive, Independent) for a 3-year term starting November 3, 2025, subject to shareholder approval.

• Consolidated CGD network (including JV) now at 1,095 CNG stations, serving 53 geographical areas and 125 districts.

Financial highlights

• Revenue from operations rose 20% year-over-year in H1FY26 to ₹3,060 crore (standalone) and ₹3,074.70 crore (consolidated); Q2 FY26 revenue was ₹1,569 crore (standalone) and ₹1,576.38 crore (consolidated).

• H1FY26 standalone EBITDA was ₹603 crore; Q2FY26 standalone EBITDA was ₹302 crore.

• H1FY26 standalone PAT was ₹324 crore (down 9% YoY); Q2FY26 standalone PAT was ₹162 crore.

• Consolidated net profit for Q2 FY26 was ₹163.49 crore; half-year net profit was ₹328.73 crore.

• Basic and diluted EPS for the half year was ₹2.99, down from ₹3.25 in the prior year period.

Outlook and guidance

• Continued focus on network expansion, infrastructure development, digitalization, and increasing CNG/PNG and EV penetration.

• Targeting 10,000 EV charging points and 100 MW installed EV capacity.

• Expecting further growth in CNG vehicle sales, projected at 1–1.2 million units in FY26.

• Targeting further penetration in new geographical areas and customer segments.