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Mahanagar Gas Ltd is engaged in the business of City gas distribution (CGD), presently supplying natural gas in the city of Mumbai including adjoining areas and the Raigad District in the state of Maharashtra.
Mahanagar Gas (MGL) management will attend the Ashwamedh Conference - Elara India Dialogue 2026 on Wednesday, September 2, 2026. The participation will include in-person group meetings with analysts and investors. No unpublished price sensitive information is intended to be shared during the event.
Mahanagar Gas reported strong Q1 FY27 results, with EBITDA at INR343 Cr (+31.74% QoQ) and PAT at INR194 Cr (+46.83% QoQ). Overall sales volume grew 7.01% YoY to 4.766 mmscmd, driven by CNG (+9.74% YoY) and domestic PNG (+9.09% YoY). Industrial/commercial volumes decreased 7.15% YoY due to gas curtailment. The...