Mahanagar Gas Reports 46% Drop in Q4 Profit Amid Revenue Growth
Mahanagar Gas slides as Q4 PAT slumps 46% YoY to Rs 132 cr
Business Standard
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Mahanagar Gas experienced a 45.55% decline in standalone net profit to ₹132 crore in Q4 FY26, despite a 4.51% increase in revenue to ₹2,051.22 crore. The company has proposed a total dividend of ₹30 per share for the financial year 2025-26.
- 01Standalone net profit fell by 45.55% to ₹132 crore in Q4 FY26.
- 02Revenue from operations increased by 4.51% to ₹2,051.22 crore.
- 03Profit before tax decreased by 47.13% to ₹178.48 crore.
- 04EBITDA declined by 7.58%, with a margin drop to 17.61%.
- 05Total dividend for FY26 is proposed at ₹30 per share.
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Mahanagar Gas saw a significant 45.55% drop in standalone net profit, totaling ₹132 crore for the fourth quarter of FY26, compared to ₹242.30 crore in the same quarter of the previous fiscal year. Despite this decline, revenue from operations rose by 4.51% year-on-year, reaching ₹2,051.22 crore. Profit before tax also fell sharply by 47.13% to ₹178.48 crore, while EBITDA decreased by 7.58%, resulting in an EBITDA margin of 17.61%, down from 21.62% a year earlier. The total sales volume for the quarter was 1,673.43 million standard cubic meters (SCM), reflecting an 8.25% year-on-year increase. The company reported a growth in CNG and PNG sales volumes, with CNG reaching 1,192.55 million SCM and PNG at 480.88 million SCM. Mahanagar Gas has recommended a final dividend of ₹18 per equity share for FY26, bringing the total dividend to ₹30 per share after including an interim dividend declared earlier.
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The profit decline may affect investor confidence and future dividend payouts, impacting shareholder returns.
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