Mahanagar Gas reports Q2 2025 results, announces key corporate actions

Mahanagar Gas Limited reported a standalone profit after tax of Rs. 193.37 crore for the quarter ended September 30, 2025, with total income at Rs. 2,284.16 crore. Consolidated profit after tax for the same quarter was Rs. 191.25 crore, with total consolidated income reaching Rs. 2,285.38 crore. Earnings per equity share (basic and diluted) for the standalone and consolidated results were Rs. 19.58 and Rs. 19.37 respectively for the quarter.

Total sales volumes for the six months ended September 30, 2025, increased to 827.87 SCM Million, a 9.91% increase from 753.25 SCM Million in the prior year period. Net revenue from operations grew by 19.66% to Rs. 4,130.71 crore for the six months ended September 30, 2025, compared to Rs. 3,452.01 crore for the six months ended September 30, 2024.

A key development is the amalgamation of Unison Enviro Private Limited (UEPL) with Mahanagar Gas, effective February 1, 2024, following NCLT sanction on July 23, 2025. This has led to restatement of comparative financial information for prior periods. Mahanagar Gas also increased its stake in 3EV Industries Private Limited to 24.54% and acquired 44% in International Battery Company India Private Limited during fiscal year 2024-25. The company disclosed an ongoing GST liability dispute of Rs. 54.33 crore, for which an appeal will be filed.