Mahanagar Gas Q4 FY26 Volume Up 6.15% Amid Supply Disruptions

Mahanagar Gas reported Q4 FY26 sales volume growth of 6.15% YoY to 4.672 mmscmd, though net profit fell to INR132 crore.
The company declared a final dividend of INR18 per share, bringing the total FY26 dividend to INR30 per share.
Supply from Iran/Gulf crisis curtailed industrial gas to 80%, but domestic PNG and CNG were secured via APM gas.
Management highlighted new govt policies easing infrastructure rollout and expects double-digit volume growth in FY27.