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05-05-2022 01:04 PM | Source: Accord Fintech
Adani Total Gas surges despite reporting 44% fall in Q4 consolidated net profit
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Adani Total Gas is currently trading at Rs. 2477.50, up by 33.10 points or 1.35% from its previous closing of Rs. 2444.40 on the BSE.

The scrip opened at Rs. 2390.00 and has touched a high and low of Rs. 2493.00 and Rs. 2370.10 respectively. So far 7300 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2739.95 on 12-Apr-2022 and a 52 week low of Rs. 772.95 on 22-Jul-2021.

Last one week high and low of the scrip stood at Rs. 2610.00 and Rs. 2370.10 respectively. The current market cap of the company is Rs. 272477.95 crore.

The promoters holding in the company stood at 74.80%, while Institutions and Non-Institutions held 23.02% and 2.18% respectively.

Adani Total Gas has reported a fall of 47.67% in its net profit at Rs 75.79 crore for the quarter ended March 31, 2022 as compared to Rs 144.82 crore for the same quarter in the previous year. However, total income of the company increased by 69.76% at Rs 1,075.66 crore for Q4FY22 as compared Rs 633.65 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 43.58% in its net profit at Rs 81.09 crore for the quarter ended March 31, 2022 as compared to Rs 143.73 crore for the same quarter in the previous year. However, total income of the company increased by 69.76% at Rs 1,075.66 crore for Q4FY22 as compared Rs 633.65 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 6.93% in its net profit at Rs 504.66 crore as compared to Rs 471.95 crore for the previous year. Total income of the company increased by 77.59% at Rs 3,247.86 crore for year under review as compared to Rs 1,828.83 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 10.06% in its net profit at Rs 509.40 crore as compared to Rs 462.82 crore for the previous year. Total income of the company increased by 77.59% at Rs 3,247.86 crore for year under review as compared to Rs 1,828.83 crore for year ended March 31, 2021.