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Mahanagar Gas Limited Q4FY23 Earnings

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.
Tags: City Gas
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