Mahanagar Gas First Quarter 2025 Earnings: EPS: ₹29.23 (vs ₹37.30 in 1Q 2024)

Mahanagar Gas (NSE:MGL) First Quarter 2025 Results

Key Financial Results

• Revenue: ₹18.7b (up 22% from 1Q 2024).
• Net income: ₹2.89b (down 22% from 1Q 2024).
• Profit margin: 16% (down from 24% in 1Q 2024). The decrease in margin was driven by higher expenses.
• EPS: ₹29.23 (down from ₹37.30 in 1Q 2024).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mahanagar Gas Earnings Insights

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.2% decline forecast for the Gas Utilities industry in India.

Performance of the Indian Gas Utilities industry.

The company's shares are up 8.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Mahanagar Gas (of which 1 makes us a bit uncomfortable!) you should know about.

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