Revenue from operations (excluding excise duty) surged by 24.30% YoY to Rs 1,975.92 crore for the quarter ended 30 June 2025.
On a quarter-on-quarter (QoQ) basis, the company’s standalone net profit surged 28.60%, while revenue from operations increased by 5.95% in Q1 FY26.
Profit before tax (PBT) stood at Rs 437.77 crore in the June FY26 quarter, up 14.09% from Rs 383.69 crore recorded in the same period a year ago.
EBITDA increased by 15.98% YoY to Rs 485.36 crore during the period under review. The EBITDA margin for Q1 FY26 stood at 24.56%, compared to 26.33% in Q1 FY25.
Total sales volume for the June 2025 quarter was 384.86 million standard cubic meters (SCM), up 9.61% YoY. During the same period, CNG sales volume reached 271.31 million SCM, reflecting a growth of 7.54% YoY, while PNG sales aggregated to 113.55 million SCM, up 14.89% YoY.
Mahanagar Gas is in the business of city gas distribution (CGD), presently distribution of natural gas for domestic industrial, commercial customers and CNG vehicles.
The scrip declined 1.87% to Rs 1484.95 on the BSE.