Mumbai9 minutes ago
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Adani Total Gas, a company of Adani Group, has received a profit of Rs 142.38 crore in the third quarter of FY 2024-25. It has decreased by 19.4% on an annual basis. The company made a profit of Rs 176.64 crore in the same quarter of a year ago.
The company’s operational revenue was Rs 1400.88 crore in the October-December quarter. It has increased by 12.61% on an annual basis. In the third quarter of FY 2023-24, the company generated a revenue of Rs 1244 crore. The amount from selling goods and services is called revenue or revenue.
23.29% dropped profit on quarterly basis
In the second quarter (July-September) of the current financial year, the company made a profit of Rs 185.60 crore. It has decreased by 23.29% on a quarterly basis. During this period, Total Gas generated a revenue of Rs 1318.37 crore from operation. It has increased by 6.26% on a quarterly basis.
40% dropped in a year, Adani Total Gas Share
After the quarterly results, the share of Adani Total Gas fell 3.43% on Monday (January 27) at 619.50. In the last 5 days, the company’s stock has fallen 8.53%, 8.80% in a month, 30.62% in six months and 40.19% in a year.
At the same time, this year, in the last 27 days, the share of Adani Total Gas has fallen 17.41%. The company’s market cap is Rs 68,110 crore. In the last one quarter, there is a decline of about 15 thousand crores.
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