In the state of Maharashtra, the city of Mumbai, along with surrounding territories, and the Raigad District, are currently served by Mahanagar Gas Ltd.’s City Gas Distribution (CGD) company.
Financial Results:
- Mahanagar Gas Ltd. reported Total Income for Q4FY23 of ₹ 1,805 Crores up from ₹ 1,210 Crore year on year, a rise of 49%.
- Total Expenses for Q4FY23 of ₹ 1,448 Crores up from ₹ 1,030 Crores year on year, rise of 41%.
- Consolidated Net Profit of ₹ 269 Crores, up 104% from ₹ 132 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 27.21, up 104% from ₹ 13.34 in the same quarter of the previous year.