Mahanagar Gas has reported results for third quarter ended December 31, 2021.
The company has reported 73.85% fall in its net profit at Rs 56.79 crore for the quarter under review as compared to Rs 217.21 crore for the same quarter in the previous year. However, total income of the company increased by 53.09% at Rs 1,144.72 crore for Q3FY22 as compared Rs 747.72 crore for the corresponding quarter previous year.
Mahanagar Gas is in the business of City Gas Distribution (CGD), supplying natural gas in the city of Mumbai including its adjoining areas and the Raigad district, in the State of Maharashtra, India.
