Mahanagar Gas Q1 net profit rises 10% to ₹318 crore, revenue up 25%

Revenue from operations rose 24.55% to ₹2,282.07 crore in the first quarter of this fiscal from ₹1,832.15 crore in the corresponding period of the preceding year, according to a regulatory filing.

The firm's earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose over 24% to ₹485 crore in the quarter under review as against ₹378 crore in the June quarter of FY25. The margin stood at 24.6% vs 20.2%.

Mahanagar Gas share price

Shares of Mahanagar Gas are trading at ₹1,513.3495 apiece, down 1.13, on the National Stock Exchange (NSE) at 2:56 pm.

The company's total expenses stood at ₹1,882 crore in Q1 FY26, from ₹1,481.89 crore a year back.

Benchmark indices SENSEX and NIFTY are trading flat. SENSEX climbed 28 points to 82,228, while NIFTY is down by 0.06% to 25,075.

HDFC Life, Titan, Hindalco, Hindustan Unilever, Maruti, Coal India, ICICI Bank, SBI Life, ONGC and Bajaj Finance were also among the gainers.

However, Adani Ports, Shriram Finance, Jio Financial Services, Eicher Motors, Tata Motors, IndusInd Bank, Bajaj Auto, Dr Reddy's and Hero Moto Corp were among the laggards.

Foreign Institutional Investors, or FIIs, sold equities worth ₹1,681.23 crore on Monday, while Domestic Institutional Investors, or DIIs, bought shares valued at ₹3,578.43 crore, according to exchange data.

In Asian markets, Hong Kong's Hang Seng, Shanghai's SSE Composite Index and Japan's Nikkei 225 Index traded in the green, while South Korea's Kospi quoted lower.