Mahanagar Gas Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 17,237.7 million compared to INR 18,384.4 million a year ago. Revenue was INR 17,718.4 million compared to INR 18,706.9 million a year ago. Net income was INR 3,171.8 million compared to INR 1,720.7 million a year ago. Basic earnings per share from continuing operations was INR 32.11 compared to INR 17.42 a year ago. Diluted earnings per share from continuing operations was INR 32.11 compared to INR 17.42 a year ago.
For the nine months, sales was INR 51,428.9 million compared to INR 51,491.5 million a year ago. Revenue was INR 52,736.2 million compared to INR 52,273.9 million a year ago. Net income was INR 10,240.8 million compared to INR 5,212.4 million a year ago. Basic earnings per share from continuing operations was INR 103.67 compared to INR 52.77 a year ago. Diluted earnings per share from continuing operations was INR 103.67 compared to INR 52.77 a year ago.