Adani Total Gas Q1 Results FY27: Net Profit Falls 14.5% to Rs 141.72 Crore on Higher Gas Costs

Adani Total Gas Q1 results FY27 were announced on Tuesday, 21 July 2026, with the city gas distribution company reporting a consolidated net profit of Rs 141.72 crore for the quarter ended 30 June 2026, down 14.5% from Rs 165.24 crore in the year ago quarter. Revenue from operations grew a strong 27.27% to Rs 1,906.79 crore from Rs 1,498.32 crore, with CNG and PNG sales volumes up 13% year on year.

Shares of Adani Total Gas were trading down 0.63% at Rs 696.00 on the NSE as of Wednesday, 22 July 2026, a day after the Adani Total Gas Q1 results FY27 were announced.

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Adani Total Gas Q1 Results FY27 Key Takeaways

Here are the most important numbers from the Adani Total Gas Q1 results FY27 at a glance.

• Net Profit (PAT): Rs 141.72 Cr in Q1 FY27 versus Rs 165.24 Cr in Q1 FY26, down 14.5% year on year.
• Revenue from Operations: Rs 1,906.79 Cr in Q1 FY27 versus Rs 1,498.32 Cr in Q1 FY26, up 27.27% year on year.
• CNG and PNG sales volumes grew 13% year on year, driving the strong revenue growth.
• Cost of natural gas rose 40% year on year to Rs 1,302.51 Cr, driven by elevated Brent-linked gas prices amid the West Asia crisis.
• Total expenses increased 35% year on year to Rs 1,742.44 Cr.
• Adani Total Gas shares were trading down 0.63% as of Wednesday, 22 July 2026.

Adani Total Gas Q1 Results FY27 Financial Highlights

The table below summarises the consolidated numbers reported in the Adani Total Gas Q1 results FY27 against the year ago quarter.

Metric	Q1 FY27	Q1 FY26	YoY Change
Revenue from Operations	Rs 1,906.79 Cr	Rs 1,498.32 Cr	+27.27%
Total Expenses	Rs 1,742.44 Cr	Rs 1,288.35 Cr	+35.2%
Net Profit (PAT)	Rs 141.72 Cr	Rs 165.24 Cr	-14.5%

All figures are on a consolidated basis as reported for the quarter ended 30 June 2026. On a sequential basis, net profit fell 15.81% from Rs 168.34 crore in Q4 FY26.

Adani Total Gas Q1 Results FY27 Performance Analysis

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Volume-led revenue growth is the strong point of the Adani Total Gas Q1 results FY27, with CNG and PNG sales volumes up 13% year on year, driving revenue up 27.27% to Rs 1,906.79 crore, comfortably ahead of volume growth alone, suggesting realisations also improved during the quarter.

Rising gas procurement costs are the clear culprit behind the profit decline. The company specifically flagged that Q1 FY27 witnessed the impact of the West Asia crisis, with elevated crude prices driving higher Brent-linked gas costs across new well gas, regasified liquefied natural gas, and spot LNG. The cost of natural gas rose 40% year on year to Rs 1,302.51 crore, an increase that outpaced revenue growth and drove the Adani Total Gas Q1 results FY27 profit decline.

The company also cited the increase in APM gas price ceiling coupled with rupee weakness in the June quarter as additional factors raising overall procurement costs. Despite the strong volume and revenue performance, these external cost pressures compressed margins for the quarter.

Adani Total Gas Q1 Results FY27: Key Business Factors

1. Strong Volume-Led Revenue Growth

CNG and PNG sales volumes growing 13% year on year, with revenue up 27.27%, confirms continued network expansion and rising consumer adoption of cleaner fuels underpinning the Adani Total Gas Q1 results FY27.

2. West Asia Crisis Driving Gas Cost Inflation

The company explicitly attributed higher input costs to elevated Brent-linked gas prices amid the West Asia crisis, a geopolitical factor outside its direct control.

3. Rupee Weakness Adding to Procurement Costs

Alongside higher global gas prices, rupee weakness during the June quarter added further pressure to procurement costs, compounding the margin squeeze visible in the Adani Total Gas Q1 results FY27.

Dividend Details

No dividend, bonus or buyback was declared alongside the Q1 FY27 results. Investors should track official NSE and BSE announcements for any future declarations.

Adani Total Gas Q1 Results FY27 Outlook for the Full Year

After the Adani Total Gas Q1 results FY27, the key question for FY27 is whether Brent-linked gas costs ease as the West Asia crisis develops, or whether the company needs to pass through higher costs via CNG and PNG pricing to protect margins. Continued volume growth from network expansion remains a structural positive independent of the near term cost pressure.

Adani Total Gas Stock Performance After the Q1 Results

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Adani Total Gas shares were trading down 0.63% at Rs 696.00 on the NSE as of Wednesday, 22 July 2026, a day after the Adani Total Gas Q1 results FY27 were announced, with the stock having closed 1.67% lower on the results day itself.

Investors can compare the trend of the counter with the Nifty 500 index to judge how the stock is placed relative to the broader market after the Adani Total Gas Q1 results FY27.

Key Risks

Investors going through the fine print of the Adani Total Gas Q1 results FY27 should also weigh the following risks.

1. Geopolitical Gas Price Risk

With the company explicitly citing the West Asia crisis as a cost driver, further escalation in that region or continued elevated crude prices would extend the margin pressure seen in this quarter.

2. Currency Risk on Gas Procurement

Rupee weakness contributed to the cost pressure in the Adani Total Gas Q1 results FY27. Continued currency volatility would add further uncertainty to procurement costs.

3. Regulatory Gas Pricing Policy

Changes to the APM gas price ceiling and broader city gas distribution pricing regulations directly affect the company’s cost structure and are outside its control.

Conclusion

Adani Total Gas Q1 results FY27 show net profit down 14.5% at Rs 141.72 crore despite strong 27.27% revenue growth and 13% volume growth, with the company explicitly attributing the margin pressure to elevated Brent-linked gas costs from the West Asia crisis and rupee weakness. Investors should track gas price trends into FY27 and consult a SEBI-registered advisor before acting on the numbers.

Frequently Asked Questions on Adani Total Gas Q1 Results FY27

When were the Adani Total Gas Q1 results FY27 announced?

Ans. The Adani Total Gas Q1 results FY27 were announced on Tuesday, 21 July 2026, for the quarter ended 30 June 2026, on a consolidated basis.

What is the PAT in the Adani Total Gas Q1 results FY27?

Ans. The consolidated PAT in the Adani Total Gas Q1 results FY27 stood at Rs 141.72 crore, down 14.5% from Rs 165.24 crore in Q1 FY26.

Why did Adani Total Gas profit fall despite strong revenue growth in Q1 FY27?

Ans. The Adani Total Gas Q1 results FY27 show profit falling 14.5% because the cost of natural gas rose 40% year on year to Rs 1,302.51 crore, driven by elevated Brent-linked gas prices amid the West Asia crisis, along with rupee weakness, both of which outpaced the 27.27% revenue growth.

What was the revenue in the Adani Total Gas Q1 results FY27?

Ans. Revenue from operations in the Adani Total Gas Q1 results FY27 stood at Rs 1,906.79 crore, up 27.27% from Rs 1,498.32 crore in Q1 FY26.

What was the volume growth in the Adani Total Gas Q1 results FY27?

Ans. CNG and PNG sales volumes grew 13% year on year in the Adani Total Gas Q1 results FY27, the key driver behind the strong revenue growth.

How is the stock trading after the Adani Total Gas Q1 results FY27?

Ans. Adani Total Gas shares were trading down 0.63% at Rs 696.00 on the NSE as of Wednesday, 22 July 2026, a day after the Adani Total Gas Q1 results FY27 were announced.

Is the stock a good buy after the Adani Total Gas Q1 results FY27?

Ans. The Adani Total Gas Q1 results FY27 show strong volume-led revenue growth undercut by geopolitically driven gas cost inflation. This article is for educational purposes only. Consult a SEBI-registered advisor before investing.

Where can I verify the Adani Total Gas Q1 results FY27?

Ans. The official filings for the June 2026 quarter are available on the NSE and BSE websites, and the stock can be tracked on the Univest app.