Business Standard

Mahanagar Gas standalone net profit rises 17.87% in the March 2017 quarter

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Capital Market

Sales rise 2.96% to Rs 525.33 crore

Net profit of Mahanagar Gas rose 17.87% to Rs 99.47 crore in the quarter ended March 2017 as against Rs 84.39 crore during the previous quarter ended March 2016. Sales rose 2.96% to Rs 525.33 crore in the quarter ended March 2017 as against Rs 510.25 crore during the previous quarter ended March 2016.

For the full year,net profit rose 26.55% to Rs 393.42 crore in the year ended March 2017 as against Rs 310.89 crore during the previous year ended March 2016. Sales declined 2.13% to Rs 2033.97 crore in the year ended March 2017 as against Rs 2078.29 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales525.33510.25 3 2033.972078.29 -2 OPM %31.0526.39 -31.6724.50 - PBDT176.15148.72 18 695.79554.24 26 PBT150.47127.68 18 600.65471.63 27 NP99.4784.39 18 393.42310.89 27

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First Published: May 26 2017 | 4:47 PM IST

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