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Mahanagar Gas reports 99% rise in Q1 net profit

04 Aug 2023 Evaluate

Mahanagar Gas has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 98.92% rise in its net profit at Rs 368.40 crore for the quarter under review as compared to Rs 185.20 crore for the same quarter in the previous year. Total income of the company increased by 7.19% at Rs 1,729.13 crore for Q1FY24 as compared Rs 1,613.19 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.

Mahanagar Gas Share Price

1072.60 -1.20 (-0.11%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 153.65
Gujarat Gas 314.50
Indraprastha Gas 162.25
Mahanagar Gas 1072.60
Adani Total Gas 572.70
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