Mahanagar Gas Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth consistently rising, hitting ₹1962.87 crore in Q4 FY23.
Net profit improved from ₹221.17 crore in Q4 FY24 to ₹247.01 crore in Q5 FY25.
Operating profit margin stabilized at around 16%, indicating operational efficiency.

NEGATIVES

Net profit dropped significantly to ₹221.17 crore in Q4 FY24, compared to previous quarters.
High material costs at 70.43% in Q4 FY24 impacting margins.
Other income decreased to ₹32.15 crore in Q5 FY25, raising concerns over income diversification.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25
Revenue	1,690.18	1,728.94	1,723.77	1,771.46	1,832.15	1,962.87	2,031.51	2,152.44	2,282.07	2,256.36
Expenses	1,168.91	1,250.06	1,275.08	1,376.42	1,395.40	1,549.45	1,706.72	1,757.43	1,781.39	1,918.50
Operating Profit	521.27	478.88	448.69	395.04	436.75	413.42	324.79	395.01	500.68	337.86
Other Income	38.95	43.71	48.07	44.13	35.65	46.93	41.99	42.02	32.15	29.02
Interest	2.51	2.47	2.72	5.60	3.20	3.20	3.49	4.17	4.57	5.12
Depreciation	62.04	65.79	68.29	81.24	83.29	84.26	91.07	92.52	96.09	103.98
Profit Before Tax	495.67	454.33	425.75	352.33	385.91	372.89	272.22	339.48	431.39	255.91
Tax	127.27	115.83	108.57	91.75	97.14	86.11	51.05	92.47	113.60	64.66
Net Profit	368.40	338.50	317.18	260.58	288.77	286.78	221.17	247.01	317.79	191.25
Eps in Rs	37.30	34.27	32.11	26.38	29.23	29.03	22.39	25.01	32.18	19.37