Adani Complete Fuel Restricted (ATGL) reported a 15 per cent year-on-year improve in gasoline gross sales quantity for Q3FY25, regardless of dealing with challenges from decreased gasoline allocations. The corporate’s quarterly income grew 12 per cent to ₹1,397 crore, although web revenue declined 17 per cent to ₹143 crore resulting from increased gasoline prices and elevated depreciation.
The shares of Adani Complete Fuel Restricted (ATGL) had been buying and selling at ₹623.40 down by ₹18.10 or 2.82 per cent on the NSE as we speak at 2.45 pm.
The corporate’s administered value mechanism (APM) gasoline allocation for CNG transport was decreased from 63 per cent to 37 per cent between October and November 2024, although it was lately elevated to 51 per cent in January 2025. ATGL bridged the availability hole by way of different sources, together with new nicely gasoline and spot market purchases.
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Through the quarter, ATGL expanded its CNG community to 605 stations by including 28 new stations and elevated its PNG family connections to 922,677 by connecting 28,677 new properties. The corporate additionally reported progress in its electrical car charging enterprise, with 1,914 charging factors now operational throughout 226 cities in 22 states and 4 union territories.
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The gasoline distributor’s EBITDA for Q3FY25 stood at ₹272 crore, down 10 per cent year-on-year, primarily impacted by increased gasoline prices as the corporate needed to supply costlier options to APM gasoline. For the nine-month interval ending December 2024, ATGL’s income elevated 11 per cent to ₹3,950 crore, with a 2 per cent progress in revenue after tax at ₹499 crore.
