Adani Total Gas Ltd posts higher consolidated PAT of Rs. 143.73 crore in Q4FY21

Adani Gas Ltd has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.633.65 crores during the period ended March 31, 2021 as compared to Rs.531.04 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.143.73 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.145.87 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.31 for the period ended March 31, 2021 as compared to Rs.1.33 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 633.65 crs	₹ 531.04 crs	19.32%
Net Profit	₹ 143.73 crs	₹ 145.87 crs	-1.47%
EPS	₹ 1.31	₹ 1.33	-1.5%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.633.65 crores during the period ended March 31, 2021 as compared to Rs.502.05 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.143.73 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.121.41 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.1.31 for the period ended March 31, 2021 as compared to Rs.1.10 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 633.65 crs	₹ 502.05 crs	26.21%
Net Profit	₹ 143.73 crs	₹ 121.41 crs	18.38%
EPS	₹ 1.31	₹ 1.10	19.09%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.1828.83 crores during the 12 months period ended March 31, 2021 as compared to Rs.2035.29 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.462.82 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.436.32 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.4.21 for the 12 months period ended March 31, 2021 as compared to Rs.3.97 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 1828.83 crs	₹ 2035.29 crs	-10.14%
Net Profit	₹ 462.82 crs	₹ 436.32 crs	6.07%
EPS	₹ 4.21	₹3.97	6.05%

Commenting on the quarter result of the Company, Mr. Gautam Adani, Chairman, Adani Group said, "These outstanding results are a testament to the excellent synergy between Adani and Total. Our combined strengths will significantly contribute towards the creation of a gas-based economy. We are committed to ushering in this cleaner fuel across the nation in line with our vision to build a sustainable."

Mr. Suresh P Manglani, CEO of Adani Total Gas said, "with pandemic onslaught, it's been a challenging year for the nation and CGD industry too. The key thrust of the ATGL has been to continue to supply PNG and CNG, and safely handle all operations and emergencies 24*7. I am pleased to see that Team ATGL stood together and despite pandemic has delivered all round superior performance for the Quarter 4 and Financial year 2021. This is the third successive quarter of highest ever financial performance with robust physical infrastructure growth despite ongoing pandemic. We all at ATGL are standing with our consumers, community at large and nation to extend our full support to overcome the challenges of Covid 19. We are consistently encouraging society to adopt PNG and convert their vehicles to environmental friendly CNG to contribute in reduction of carbon footprints."

Shares of Adani Gas Ltd was last trading in BSE at Rs.1252.5 as compared to the previous close of Rs. 1238.3. The total number of shares traded during the day was 243425 in over 12316 trades.

The stock hit an intraday high of Rs. 1319.3 and intraday low of 1231.7. The net turnover during the day was Rs. 312369968.

Source : Equity Bulls

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