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Adani Total Gas, the city gas joint venture between Adani Group and TotalEnergies, announced its financial performance for the March-ended quarter and financial year ended March 31 after-market hours today, reporting a consolidated net profit of ₹168.34 crore in Q4.

In the same period last year, the company had reported a net profit of ₹154.59 crore, indicating a marginal year-on-year improvement of 9%. Sequentially, net profit rose 8% from ₹157.22 crore reported in the December quarter.

Revenue from operations during the reporting quarter came in at ₹1,694.61 crore, marking a 16.62% jump from ₹1,453.37 crore in the year-ago period, as per the company's earnings filing.

On the operating front, the company reported an EBITDA of ₹300.32 crore in Q4 as against ₹266 crore a year ago, while EBITDA margin slipped to 17.72% from 18.30% in the corresponding quarter last year.

The joint venture between India’s Adani Group and France’s TotalEnergies is a key supplier of natural gas to industries, households and vehicles in the country.

For FY26, the company’s revenue stood at ₹6,408.53 crore, compared with ₹5,411.68 crore in FY25, while net profit remained largely unchanged at ₹655.72 crore. In FY25, the company had reported a net profit of ₹654.41 crore, its earnings filing showed.

Meanwhile, the company has announced a final dividend of ₹0.25 per share for FY26.

“The Board of Directors has recommended a final dividend of ₹0.25 (25%) per equity share of the face value of ₹1 each for the financial year 2025-26. This proposed dividend is subject to the approval of shareholders at the ensuing annual general meeting,” the company said in its filing.

The company’s shares have recovered sharply in April, surging 25% after closing each of the previous five months in the red. The last time the stock recorded a double-digit monthly gain was in November 2024, when it climbed 13%.

In terms of yearly performance, the stock has delivered negative returns over the last three years, with 2023 marking the worst period as it lost 73.25% of its value. In the following two years, it declined another 23% and 25.54%, respectively, taking the three-year cumulative drop to 84%.

So far in the current year, however, the stock is up 12%, thanks to the strong recovery seen this month.

Disclaimer: We advise investors to check with certified experts before making any investment decisions.Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments.

He has over a decade of experience in the financial services industry and has previously worked with multiple organisations, including global investment bank J.P. Morgan, bringing strong research experience into the newsroom.

During his career, he has gained extensive exposure to equity research, market analysis, and financial data interpretation, strengthening his expertise across asset classes and market cycles.

He is known for his data-driven analysis and crisp, listicle-style market stories that break down complex financial developments across key markets for a wide audience. His strong research skills enable him to write detailed and insightful stories on stocks and sectors, focusing on the underlying factors driving market movements.

His work combines quantitative insights with clear storytelling, presenting financial developments in a clear and structured manner. Moreover, he enjoys writing multibagger and listicle-style copies. Outside of work, Ksheera enjoys playing the piano and exploring new places. He has a keen interest in travel, music, and continuously learning about global markets and economic trends.

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