Mahanagar Gas consolidated net profit declines 6.16% in the March 2024 quarter

Sales rise 0.13% to Rs 1612.61 crore

Net profit of Mahanagar Gas declined 6.16% to Rs 252.26 crore in the quarter ended March 2024 as against Rs 268.81 crore during the previous quarter ended March 2023. Sales rose 0.13% to Rs 1612.61 crore in the quarter ended March 2024 as against Rs 1610.48 crore during the previous quarter ended March 2023.

For the full year,net profit rose 61.56% to Rs 1276.37 crore in the year ended March 2024 as against Rs 790.05 crore during the previous year ended March 2023. Sales declined 0.15% to Rs 6290.10 crore in the year ended March 2024 as against Rs 6299.28 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1612.611610.48 0 6290.106299.28 0 OPM %24.5024.20 -29.3118.80 - PBDT433.57421.13 3 2005.471286.68 56 PBT345.82357.30 -3 1721.601055.54 63 NP252.26268.81 -6 1276.37790.05 62

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