Integrated Filing- Financial

Mahanagar Gas Limited reported its financial results for the quarter and nine months ended December 31, 2024. Key figures include revenues from operations of ₹1,929.01 crores for the quarter and ₹5,550.99 crores for the nine-month period.

The company recorded a profit after tax of ₹225.37 crores for the quarter, down from ₹282.80 crores in the previous quarter, indicating a decrease of 20.31%. Notably, the Board declared an interim dividend of ₹12.00 per share and set February 3, 2025, as the record date for eligible shareholders.

The decline in profits reflects challenges in maintaining margins amid rising costs.

For investors, the interim dividend and stable revenue indicate a positive outlook for shareholder returns, although cost pressures present potential risks.