Mahanagar Gas Limited FY2026 Financial Results and Dividend Announcement

Mahanagar Gas Limited has announced its financial results for the fiscal year ended March 31, 2026. The company reported a total annual income of ₹9,178.97 crore and a net profit of ₹846.82 crore. Alongside these results, the Board has recommended a final dividend of ₹18 per share, bringing the total dividend for the financial year to ₹30 per share.

Financial Performance Overview

For the fiscal year 2025-26, Mahanagar Gas Limited reported a strong performance with total income reaching ₹9,178.97 crore, a significant increase compared to ₹8,142.46 crore in the previous year. The net profit for the year stood at ₹846.82 crore. For the final quarter (Q4) ending March 31, 2026, the company recorded a revenue from operations of ₹2,258.07 crore and a net profit of ₹131.92 crore.

Dividend Distribution

Demonstrating a commitment to creating shareholder value, the Board of Directors has recommended a final dividend of ₹18 per equity share (face value of ₹10 each). This is in addition to the interim dividend of ₹12 per share already declared and paid earlier in the year. Consequently, the total dividend payout for the 2025-26 fiscal year amounts to ₹30 per equity share, subject to approval at the upcoming Annual General Meeting.

Operational Highlights

The company experienced volume growth across its key segments during the year. Total sales volumes for FY2025-26 increased by 8.25% to 1,673.43 SCM Million. While the core natural gas business remains the primary focus, the company continues to integrate the operations of Unison Enviro Private Limited following its amalgamation. Additionally, the company has successfully maintained an unmodified audit opinion on its financial statements, reflecting robust financial governance and transparency.

Future Outlook and Developments

Mahanagar Gas continues to navigate various regulatory and legal matters, including ongoing proceedings related to transportation tariffs and tax demands, with a strong belief in the merit of its cases. The company is actively monitoring the implementation of new labour codes, which has had a minor financial impact due to past service cost adjustments. Moving forward, the company remains focused on expanding its infrastructure and maintaining its leadership position in the natural gas distribution sector.

Source: BSE

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