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Mahanagar Gas Limited Distributes Interim Dividend of Rs. 12/- Per Equity Share
Mahanagar Gas Limited (MGL) has declared an interim dividend of Rs. 12/- per equity share for the financial year 2023-24. The record date for the purpose of determining the entitlement of shareholders to the interim dividend has been fixed as Monday, February 27, 2023.
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Mahanagar Gas Limited Announces Financial Results for Q3 FY23
Mahanagar Gas Limited (MGL) has announced its financial results for the third quarter ended December 31, 2022. The company reported a net profit of Rs. 406.96 crore for the quarter, a 6.3% increase from the Rs. 382.72 crore reported in the same quarter of the previous year.
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Mahanagar Gas Limited Partners with CSC e-Governance Services India Limited to Expand CNG Reach
Mahanagar Gas Limited (MGL) has partnered with CSC e-Governance Services India Limited (CSC SPV) to expand the reach of Compressed Natural Gas (CNG) in India. The partnership will leverage CSC SPV's vast network of over 4 lakh Village Level Entrepreneurs (VLEs) to promote the adoption of CNG as a clean and economical fuel for transportation.
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Mahanagar Gas Limited Announces Financial Results for Q3 FY23
Mahanagar Gas Limited (MGL), a leading natural gas distribution company in India, has announced its financial results for the third quarter (Q3) of the financial year 2022-23 (FY23). The company reported a strong performance with growth in revenue, profit, and customer base.
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Mahanagar Gas Limited Partners with Ola Electric to Promote Electric Vehicles
Mahanagar Gas Limited (MGL) has announced a partnership with Ola Electric, an Indian electric vehicle company, to promote the adoption of electric vehicles in Mumbai. The partnership aims to provide convenient and affordable charging infrastructure for electric vehicle owners in the city.
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Mahanagar Gas Limited Announces Expansion Plans in Navi Mumbai
Mahanagar Gas Limited (MGL) has announced plans to expand its natural gas distribution network in Navi Mumbai, a satellite city of Mumbai. The company plans to invest over Rs. 1,000 crore in the expansion, which will benefit over 1 lakh households and businesses.
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Mahanagar Gas partners with Drivezy to set up 10 CNG stations in Mumbai
Mahanagar Gas Limited (MGL) has partnered with Drivezy, a car rental company, to set up 10 compressed natural gas (CNG) stations in Mumbai. The stations will be located at Drivezy's existing car rental locations across the city.
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Mahanagar Gas to invest Rs 1,000 crore in FY24 to expand CNG network
Mahanagar Gas Limited (MGL) plans to invest Rs 1,000 crore in the financial year 2023-24 (FY24) to expand its compressed natural gas (CNG) network in Mumbai and its surrounding areas.
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Mahanagar Gas reports 12% rise in Q3 net profit to Rs 464 crore
Mahanagar Gas Limited (MGL) reported a 12% rise in its net profit to Rs 464 crore for the third quarter ended December 2022, driven by higher gas sales and margins.