Mahanagar Gas Limited (MGL) has declared an interim dividend of ₹12 per share alongside its unaudited financial results for Q3 2026 and the nine months ended December 31, 2025. The Board’s decision, made on February 7, 2026, includes setting February 13, 2026, as the record date for dividend eligibility. MGL reported strong financial performance, with total revenue from operations increasing for both the quarter and the nine-month period.
Dividend Announcement
The Board of Directors of Mahanagar Gas Limited has declared an interim dividend of ₹12 per equity share (face value of ₹10 each), equivalent to 120%. The record date for determining shareholders’ eligibility for this dividend is February 13, 2026. The dividend will be paid within 30 days of its declaration.
Financial Performance: Standalone Results
Mahanagar Gas Limited reported strong standalone financial results for Q3 2026 and the nine months ending December 31, 2025. Key highlights include:
- Revenue from Operations: ₹2,265.97 Crore for Q3 2026, compared to ₹2,030.82 Crore for Q3 2025. For the nine months, revenue was ₹6,801.70 Crore, against ₹5,825.84 Crore in the corresponding period.
- Profit Before Tax: ₹271.81 Crore for the quarter and ₹962.04 Crore for the nine-month period.
- Net Profit After Tax: ₹201.97 Crore for Q3 2026 and ₹714.90 Crore for the nine-month period.
Key Volume and Revenue Metrics (Standalone)
Here’s a breakdown of MGL’s performance regarding sales volumes and revenues, comparing the nine-month period ended December 31, 2025, against the corresponding period in 2024:
- Total Volumes: Increased by 8.97%
- Net Revenue from Operations: ₹6,188.99 Crore, an increase of 16.80%.
Financial Performance: Consolidated Results
Mahanagar Gas Limited also reported consolidated financial results for the same periods, including the financial impact of its subsidiaries and associates. Highlights include:
- Revenue from Operations: ₹2,267.93 Crore for Q3 2026, compared to ₹2,031.51 Crore for Q3 2025. For the nine months, revenue was ₹6,806.36 Crore, against ₹5,826.53 Crore in the corresponding period.
- Profit Before Tax: ₹270.96 Crore for Q3 2026 and ₹958.26 Crore for the nine-month period.
- Net Profit After Tax: ₹201.10 Crore for Q3 2026 and ₹710.93 Crore for the nine-month period.
Amalgamation and Restatement
The results reflect the amalgamation of Unison Enviro Private Limited with Mahanagar Gas, effective February 1, 2024. Comparative figures have been restated to account for this amalgamation.
Source: BSE
