Adani Gas Q3 PBT doubles to Rs 143 cr, firm to close Total deal by March

Firm has already brought in a nominee of the French oil major on its board

Adani Gas expects to close its deal with French oil major Total by the end of the current financial year, company officials said on Wednesday. The firm posted a two-fold rise in profit before tax (PBT), at Rs 143.62 crore.

On the Total deal, Adani Gas management said in a media call, “The primary part of the deal is closed and one of the nominees of Total is a member on the Adani Gas board. The secondary part of the deal is now going on, and should hopefully be over in the next couple of weeks.” The official added the