- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
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Mahanagar Gas has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue rose 9% YoY to Rs. 7,518 Cr, while PAT declined 19% to Rs. 1,040 Cr, indicating margin pressure. The board proposed a final dividend of Rs. 18/share, bringing total FY25 dividends to Rs. 30/share. Strategically, the company is deepening its play in EV and battery sectors, now holding ~24.5% in 3EV Industries and 44% in International Battery Company India, signaling a shift beyond traditional gas distribution.