Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 9 May 2024.Powered by Capital Market - Live News

Mahanagar Gas has entered into Shareholders` Agreement (SHA) with 3EV Industries (3ev), Founders, Promoters and other Shareholders of 3ev, to acquire 30.97% shareholding in 3ev for a total consideration of Rs 96 crore. Powered by Capital Market - Live News

Mahanagar Gas announced that the Board of Directors of the Company at its meeting held on 23 January 2024, has recommended a Interim dividend of Rs.12 per share (i.e.120%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Mahanagar Gas rose 84.33% to Rs 317.18 crore in the quarter ended December 2023 as against Rs 172.07 crore during the previous quarter ended December 2022. Sales declined 6.14% to Rs 1568.76 crore in the quarter ended December 2023 as against Rs 1671.39 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1568.761671.39 -6 OPM %28.6015.32 - PBDT494.04285.93 73 PBT425.75227.40 87 NP317.18172.07 84 Powered by Capital Market - Live News

Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 23 January 2024.Powered by Capital Market - Live News