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Mahanagar Gas Ltd Q3FY25; 29% fall in Profits

Mahanagar Gas Ltd is engaged in the business of City gas distribution (CGD), presently supplying natural gas in the city of Mumbai including adjoining areas and the Raigad District in the state of Maharashtra.

Financial Results:

Mahanagar Gas Ltd reported Revenues for Q3FY25 of ₹1,758.00 Crores up from ₹1,569.00 Crore year on year, a rise of 12.05%.

Total Expenses for Q3FY25 of ₹1,525.00 Crores up from ₹1,191.00 Crores year on year, a rise of 28.04%.

Consolidated Net Profit of ₹225.00 Crores down 29.02% from ₹317.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹22.82, down 28.93% from ₹32.11 in the same quarter of the previous year.

 

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