Adani Total Gas posts first profit rise in five quarters as CNG sales grow

India’s Adani Total Gas on Thursday reported its first quarterly profit increase in five quarters as higher sales of compressed natural gas (CNG) helped offset higher gas purchasing costs.The company, a joint venture of Adani Group and French oil giant TotalEnergies SE, said consolidated net profit rose about 11.4% to 1.59 billion rupees ($17.4 million) […]