Mahanagar Gas Profit Falls 39% to ₹192.64 Crore FY27

Mahanagar Gas Limited is a company that sells gas in India.

In the first quarter of its 2027 financial year, it made less money than it did the same time last year, losing about 39% of its profit.

Even though it sold more gas and earned more money, its costs went up even more, so the profit fell.

The company also bought a 26% share in another gas company called FPEL Reliant Energy and put almost ₹4 crore into it.

It also invested about ₹84 crore in a company called 3EV Industries.

The company announced these numbers in a meeting in Mumbai on July 30, 2026.

The results show that while sales grew, expenses grew faster, leading to a lower profit.