Mahanagar Gas has reported results for second quarter ended September 30, 2017.
The company has reported 22.06% rise in its net profit at Rs 124.79 crore for the quarter ended September 30, 2017 as compared to Rs 102.24 crore for the same quarter in the previous year. The total income of the company increased by 2.16% at Rs 601.90 crore for Q2FY18 as compared Rs 589.16 crore for the corresponding quarter previous year.
Mahanagar Gas is one of the largest city gas distribution (CGD) companies in India. The company has more than 20 years of experience in supplying natural gas in Mumbai and is presently the sole authorized distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, its Adjoining Areas and the Raigad district in the state of Maharashtra.
Company Name | CMP |
---|---|
Gujarat Gas | 550.80 |
Indraprastha Gas | 443.40 |
Mahanagar Gas | 1297.00 |
Adani Total Gas | 1039.15 |
Guj. State Petronet | 290.00 |
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