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10.0

Adani Total Gas Q1 profit declines 18% due to rising LNG procurement costs

Adani Total Gas reported an 18% year-on-year profit decline for the June quarter, driven by a 39% surge in LNG procurement costs. The company attributes the cost inflation to supply chain disruptions linked to the ongoing crisis in West Asia.

The Hinduabout 6 hours agoINCredibility 20%View source

Score Breakdown

Mosaic Score10.0
Confidence0.9
Significance0.5
Source credibility0.2

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India

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