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22-May2018

Mahanagar Gas reports 5% rise in Q4 net profit

Mahanagar Gas has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a rise of 5.32% in its net profit at Rs 104.76 crore for the quarter ended March 31, 2018 as compared to Rs 99.47 crore for the same quarter in the previous year. Total income of the company increased by 12.18% at Rs 661.13 crore for quarter under review as compared to Rs 589.36 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 21.47% in its net profit at Rs 477.87 crore as compared to Rs 393.42 crore for the previous year. Total income of company increased by 9.55% at Rs 2,510.60 crore for year under review as compared to Rs 2,291.73 crore for the year ended March 31, 2017.


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