Mahanagar Gas Limited — Board Meeting, 22-07-2025: Outcome of Board Meeting

Mahanagar Gas (MGL) Board meeting approved strong Q1 FY26 consolidated financials! Revenue from operations jumped to ₹2,282.07 Cr, while Net Profit after tax hit ₹317.79 Cr. EPS stands at ₹32.18. A key driver was a ₹112.87 Cr positive adjustment from a reversal of earlier trade discounts. Plus, NCLT has greenlit the merger of wholly-owned subsidiary Unison Enviro with MGL. The company remains confident in ongoing legal matters.