MGL announces ₹30/share dividend and ₹846 cr profit
Mahanagar Gas Ltd announced a total dividend of ₹30 per share for FY26, including a final dividend of ₹18. However, standalone profit after tax fell to ₹846.82 crore, down 18.6% from the previous year, highlighting mixed financial results.
after close1 source ↓written by the desknot a recommendation
- for FY26
- ₹30/share
- from ₹1
- 18.6%
Mahanagar Gas Ltd (MGL) declared a final dividend of ₹18/share, bringing the total for FY26 to ₹30/share. Despite this attractive payout, the company reported a standalone PAT of ₹846.82 cr, down 18.6% from ₹1,041.26 cr in FY25. Revenue from operations stood at ₹9,059 cr, reflecting strong cash flows despite a profit dip.
Not investment advice. For informational purposes only.