StocksMedium•4 November 2026•
1 min read
Mahanagar Gas Profits Drop 35.5% in H1 Despite Revenue Growth
Key Facts
1Mahanagar Gas H1 FY27 revenue rose 18.84% year-on-year.
2EBITDA and PAT contracted sharply by 22.77% and 35.52%, respectively, during the first half.
Mahanagar Gas net profit dropped by 35.52% during the first half of fiscal year 2027, according to TradingView data. Financial results showed that EBITDA contracted by 22.77%, while the company's revenue rose by 18.84% year-on-year during the same period.
The divergence between revenue growth and declining profitability was driven by margin pressure from rising procurement costs and lower overall volumes in the first half. Mahanagar Gas shares faced downward pressure following the results announcement on November 4, 2026, as financial performance was impacted by exposure to market-priced gas.