Adani Total Gas542066Quarterly results

Board approves September 2026 quarter and half year results; Sanjay Pandita appointed Executive Director

Unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026 approved, with the auditors' limited review report.

By ScoutQuest · Thu 22 Oct 2026, 3:26 PM IST · 3 min read

₹4,016.44 CrHalf year revenue from operations (consolidated

Revenue from operations (consolidated₹2,109.65 Cr

Revenue from operations, year-ago quarter₹1,576.38 Cr

Half year profit for the period, year-ago period₹328.73 Cr

Half year revenue from operations (consolidated ₹4,016.44 Cr: Revenue from operations (consolidated ₹2,109.65 Cr, Revenue from operations, year-ago quarter ₹1,576.38 Cr, Half year profit for the period, year-ago period ₹328.73 Cr.

Consolidated Q2 revenue from operations: 2,109.65 crore vs 1,576.38 crore a year earlier
Consolidated Q2 profit for the period: 173.27 crore vs 163.49 crore
Consolidated half year profit: 314.99 crore vs 328.73 crore

Results taken on record

The Board approved and took on record the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Report of the statutory auditors. Walker Chandhiok & Co LLP reviewed the consolidated statement and stated that nothing had come to its attention to suggest a material misstatement.

Consolidated performance, quarter ended September 30, 2026 against September 30, 2025 (in crore):

Revenue from operations: 2,109.65 against 1,576.38
Total income: 2,123.66 against 1,585.07
Total expenses: 1,890.32 against 1,369.00
Profit before tax: 241.76 against 218.93
Profit for the period: 173.27 against 163.49
Basic and diluted EPS: 1.58 against 1.49

Half year ended September 30, 2026 against September 30, 2025 (in crore)

Revenue from operations: 4,016.44 against 3,074.70
Total income: 4,043.43 against 3,091.50
Profit before tax: 428.66 against 441.22
Profit for the period: 314.99 against 328.73
Basic and diluted EPS: 2.86 against 2.99

Balance sheet snapshot as at September 30, 2026 against March 31, 2026 (in crore)

Total assets: 10,056.77 against 9,548.62
Total equity: 5,176.80 against 4,864.81
Non-current borrowings: 2,075.33 against 1,596.69
Current borrowings: 266.75 against 571.43
Cash and cash equivalents: 109.86 against 253.05

Cash flow, half year ended September 30, 2026 against September 30, 2025 (in crore)

Net cash generated from operating activities: 456.36 against 460.29
Purchase of property, plant and equipment and intangibles: 450.45 against 426.44
Net cash used in investing activities: 629.62 against 560.61
Net decrease in cash and cash equivalents: 143.20 against 61.75

Board decisions on people

Mr. Suresh P. Manglani (DIN: 00165062) ceases to be Executive Director and Key Managerial Personnel on superannuation, effective from the close of business hours on October 31, 2026. The Board placed on record its appreciation for his services.
Mr. Sanjay Pandita (DIN: 11929763), presently Chief Executive Officer and Key Managerial Personnel, has been appointed, on the recommendation of the Nomination and Remuneration Committee, as an Additional Director and Whole-time Director designated as Executive Director with effect from November 1, 2026, for a term of three (3) years, subject to the approval of the shareholders. He will be designated "Executive Director and Chief Executive Officer (Key Managerial Personnel)".
The update states that Mr. Pandita is not debarred from holding the office of director by virtue of any SEBI order or order of any other such authority, and that he is not related to any Director of the Company.
Revised Key Managerial Personnel list effective November 1, 2026: Mr. Sanjay Pandita (Executive Director & Chief Executive Officer), Mr. Preyash Jhaveri (Chief Financial Officer) and Mr. Anil Agrawal (Company Secretary & Compliance Officer).

Background on the incoming Executive Director

The update describes Mr. Pandita as an energy industry leader with over 25 years of experience across natural gas, LNG, LPG and emerging low-carbon energy solutions, with prior leadership positions at RIL/Jio-bp Mobility Solutions, Mahanagar Gas Limited, Gujarat Gas Limited and Nayara Energy. He holds a B.Tech degree, a Diploma in Mechanical Engineering and a Post Graduate qualification in Executive Business Management from Indian Institute of Management Kolkata.

How to read this

The update combines the quarterly numbers with a senior management transition. Revenue and profit for the quarter are higher than in the same quarter a year earlier, while for the half year revenue is higher and profit for the period is lower than in the same half last year — both as printed in the consolidated statement. The person becoming Executive Director was already the CEO of the company; the change adds a board position and a defined three-year term, and requires shareholder approval.

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