MGL Mahanagar Gas Q1 FY26 results (Apr–Jun 2025) and concall
Mahanagar Gas reported strong financial performance in Q1 FY26 with significant QoQ growth in EBITDA and PAT, driven by overall gas sales volume increasing 9.61% YoY. The company also saw robust growth in its Industrial and Commercial segment. The merger with UEPL received NCLT approval, marking a key strategic milestone. However, CNG volume growth slowed, and the potential impact of new PNGRB tariffs remains a watch item.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 1,786 | 1,758 | 1,963 | 2,081 |
| EBITDA | 413 | 314 | 395 | 501 |
| Net profit | 287 | 225 | 242 | 320 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
