- Mahanagar Gas reported Q1FY27 net profit of Rs 193 crore, up 48.5% sequentially
- Revenue increased 15.6% to Rs 2,373 crore in the quarter ended June 30, FY27
- EBITDA rose 31.9% to Rs 343 crore in Q1FY27 from Rs 260 crore in Q4FY26
Mahanagar Gas announced April to June earnings for fiscal 2027 on Thursday, July 30. The company's net profit surged 48.5% to Rs 193 crore in Q1FY27 from Rs 130 crore in the previous quarter.
Revenue rose 15.6% to Rs 2,373 crore for the quarter ended on June 30 from Rs 2,052 crore in the preceding quarter. In terms of operations, EBITDA advanced 31.9% sequentially to 343 crore in the quarter under review from Rs 260 crore. EBITDA margin expanded 14.5% from 12.7% in Q4FY26.
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