Mahanagar Gas Limited has informed the Exchange that Board of Directors at its meeting held on May 06, 2025, recommended Final Dividend of Rs. 18 per equity share.
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The Board of Directors of Mahanagar Gas Limited met on May 6, 2025 and approved audited financial results for FY25, while also recommending a final dividend of Rs. 18 per equity share on a face value of Rs. 10. Combined with the Rs. 12 interim dividend paid earlier, the total dividend for FY25 is Rs. 30 per share, subject to shareholder approval and resulting in a cash outflow of about Rs. 177.80 crore. For FY25, revenue from operations rose 10.6% to Rs. 7,589.99 crore, driven by 12% volume growth in total gas sales. However, profit after tax fell about 19% to Rs. 1,044.89 crore, with EBITDA margin compressing sharply from 29.5% to 21.8%, and EPS dropping to Rs. 105.78 from Rs. 130.50. Q4 was relatively better, with PAT of Rs. 252.18 crore up 11.9% sequentially. The auditors (Deloitte Haskins & Sells LLP) gave an unmodified opinion on both standalone and consolidated results.
Investors get a steady total dividend of Rs. 30 per share for FY25, which is supportive for income-focused shareholders. However, the nearly 19% drop in annual profit and sharp margin compression may weigh on sentiment, even as the final dividend announcement is positive in the near term.