Mahanagar Gas Ltd Q1 consolidated net profit rises 10% to ₹318 crore: Stock price rises 3%

Q1 Results: Mahanagar Gas reported a consolidated net profit of ₹317.89 attributed to the owners of the company, marking a 10% increase compared to ₹288.78 crore in the year-ago quarter. Stock price gained 3%

Mahanagar Gas Q1 Results

During the quarter ending June 2025, Mahanagar Gas reported a 10% rise in consolidated net profit to ₹317.89 crore compared to ₹288.78 crore in the year-ago quarter. On a sequential basis, the net profit marked a sharper 30.04% increase compared to the ₹243.95 crore net profit reported during the March 2025 quarter.

The consolidated revenue from operations reported by Mahanagar Gas stood at ₹2,282.07 crore, marking a 24.6% rise compared to ₹1,832.15 crore in the year-ago quarter.

Mahanagar Gas volume performance and standalone show

The Total sales volumes at the standalone level reported by Mahanagar Gas during the April-June 2025 quarter were 384.86 million standard cubic meters of gas, which grew 9.61% compared to 351.13 million SCM of gas during the year-ago quarter.

The net revenues from operations at the standalone level, thereby at 1,970.64 crore, grew 24.39%. However, on a sequential basis, the net revenues from operations grew a slower 5.89%. This was because on a sequential basis, the sales volume was up around 2% only compared to 377.44 million SSM of gas in the previous quarter.

The earnings before interest, tax, depreciation, and amortization, or EBITDA, as per Mahanagar Gas at ₹485.36 crore, grew around 16% year-on-year, though on a sequential basis the growth was sharper at 28.28%.

The improvement in operating performance on sequential basis meant that standalone net profit at ₹324.32 grew sharper 28.6% compared to year-on-year rise of around 16%

Mahanagar Gas share price movement

Mahanagar Gas share price opened at ₹1516.25 on the BSE on Tuesday, only slightly higher than the closing price of ₹1513.30 in the previous trading session; however, it gained more than 3% to intraday highs of ₹1562 post the announcement of results.

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