{"id":338329,"date":"2026-11-04T10:59:29","date_gmt":"2026-11-04T05:29:29","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/"},"modified":"2026-11-04T10:59:29","modified_gmt":"2026-11-04T05:29:29","slug":"mahanagar-gas-q2-results-fy27-pat-137-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/","title":{"rendered":"Mahanagar Gas Q2 Results FY27: Revenue Up 23.06% to Rs 2,776.74 Cr, PAT Rs 137.03 Cr"},"content":{"rendered":"<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Mahanagar Gas Q2 Results FY27 were declared on 3 November 2026. Quarterly results show revenue of Rs 2,776.74 Cr, up 23.06% YoY from Rs 2,256.36 Cr, while net profit fell 28.4% to Rs 137.03 Cr from Rs 191.37 Cr. The YoY growth figure is positive for revenue and negative for net profit, and the sections below set out the full comparison.<\/p>\n<\/div>\n<p>Mahanagar Gas Ltd (MGL) Q2 Results FY27 announced on 3 November 2026, covering the company&#8217;s financial performance for the July to September quarter. The results date of 3 November 2026 accompanies results reporting revenue of Rs 2,776.74 Cr and net profit (PAT) of Rs 137.03 Cr. Mahanagar Gas Q2 Results FY27 are measured against the same quarter last year on a YoY basis.<\/p>\n<p>This Univest Mahanagar Gas Q2 Results review is a results analysis covering the financial highlights, business drivers, outlook and risks for the quarter. It starts with the Financial Highlights, which place the quarter next to the same quarter last year.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=quarterly_results\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Mahanagar_Gas_Q2_Results_FY27_Financial_Highlights\" title=\"Mahanagar Gas Q2 Results FY27: Financial Highlights\">Mahanagar Gas Q2 Results FY27: Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Key_Takeaways_from_Mahanagar_Gas_Q2_Results_What_Stands_Out\" title=\"Key Takeaways from Mahanagar Gas Q2 Results: What Stands Out\">Key Takeaways from Mahanagar Gas Q2 Results: What Stands Out<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Mahanagar_Gas_Q2_Results_FY27_Performance_Analysis\" title=\"Mahanagar Gas Q2 Results FY27: Performance Analysis\">Mahanagar Gas Q2 Results FY27: Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Key_Business_Factors_This_Quarter\" title=\"Key Business Factors This Quarter\">Key Business Factors This Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#FY27_Outlook_After_Mahanagar_Gas_Q2_Results\" title=\"FY27 Outlook After Mahanagar Gas Q2 Results\">FY27 Outlook After Mahanagar Gas Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Key_Risks_to_Watch_After_Mahanagar_Gas_Q2_Results_FY27\" title=\"Key Risks to Watch After Mahanagar Gas Q2 Results FY27\">Key Risks to Watch After Mahanagar Gas Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Net_Profit_Decline\" title=\"Net Profit Decline\">Net Profit Decline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Narrower_Net_Profit_Margin\" title=\"Narrower Net Profit Margin\">Narrower Net Profit Margin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Quarter_on_Quarter_Decline\" title=\"Quarter on Quarter Decline\">Quarter on Quarter Decline<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Frequently_Asked_Questions_on_Mahanagar_Gas_Q2_Results_FY27\" title=\"Frequently Asked Questions on Mahanagar Gas Q2 Results FY27\">Frequently Asked Questions on Mahanagar Gas Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#What_are_Mahanagar_Gas_Q2_Results_FY27\" title=\"What are Mahanagar Gas Q2 Results FY27?\">What are Mahanagar Gas Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#What_is_the_results_date_for_Mahanagar_Gas_Q2_Results_FY27\" title=\"What is the results date for Mahanagar Gas Q2 Results FY27?\">What is the results date for Mahanagar Gas Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#What_revenue_was_reported_in_Mahanagar_Gas_Q2_Results_FY27\" title=\"What revenue was reported in Mahanagar Gas Q2 Results FY27?\">What revenue was reported in Mahanagar Gas Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#What_net_profit_was_reported_in_Mahanagar_Gas_Q2_Results_FY27\" title=\"What net profit was reported in Mahanagar Gas Q2 Results FY27?\">What net profit was reported in Mahanagar Gas Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#How_much_YoY_growth_did_revenue_show_in_Mahanagar_Gas_Q2_Results_FY27\" title=\"How much YoY growth did revenue show in Mahanagar Gas Q2 Results FY27?\">How much YoY growth did revenue show in Mahanagar Gas Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Did_net_profit_rise_or_fall_in_Mahanagar_Gas_Q2_Results\" title=\"Did net profit rise or fall in Mahanagar Gas Q2 Results?\">Did net profit rise or fall in Mahanagar Gas Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#How_did_net_profit_change_quarter_on_quarter_in_Mahanagar_Gas_Q2_Results_FY27\" title=\"How did net profit change quarter on quarter in Mahanagar Gas Q2 Results FY27?\">How did net profit change quarter on quarter in Mahanagar Gas Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#What_was_the_net_profit_margin_in_Mahanagar_Gas_Q2_Results_FY27\" title=\"What was the net profit margin in Mahanagar Gas Q2 Results FY27?\">What was the net profit margin in Mahanagar Gas Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#What_business_factors_shaped_Mahanagar_Gas_Q2_Results_FY27\" title=\"What business factors shaped Mahanagar Gas Q2 Results FY27?\">What business factors shaped Mahanagar Gas Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#What_are_the_key_risks_after_Mahanagar_Gas_Q2_Results_FY27\" title=\"What are the key risks after Mahanagar Gas Q2 Results FY27?\">What are the key risks after Mahanagar Gas Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#What_is_the_outlook_after_Mahanagar_Gas_Q2_Results\" title=\"What is the outlook after Mahanagar Gas Q2 Results?\">What is the outlook after Mahanagar Gas Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/mahanagar-gas-q2-results-fy27-pat-137-crore\/#Where_can_I_find_the_complete_Mahanagar_Gas_Q2_Results_FY27_data\" title=\"Where can I find the complete Mahanagar Gas Q2 Results FY27 data?\">Where can I find the complete Mahanagar Gas Q2 Results FY27 data?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Mahanagar_Gas_Q2_Results_FY27_Financial_Highlights\"><\/span><strong>Mahanagar Gas Q2 Results FY27: Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Metric<\/th>\n<th>Q2 FY27 (Sep 26)<\/th>\n<th>Q2 FY26 (Sep 25)<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<tr>\n<td><strong>Revenue<\/strong><\/td>\n<td>Rs 2776.74 Cr<\/td>\n<td>Rs 2256.36 Cr<\/td>\n<td>+23.06% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Net Profit (PAT)<\/strong><\/td>\n<td>Rs 137.03 Cr<\/td>\n<td>Rs 191.37 Cr<\/td>\n<td>-28.4% YoY<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: company filing for Mahanagar Gas Q2 Results FY27, 3 November 2026. Figures in Rs Crore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_Mahanagar_Gas_Q2_Results_What_Stands_Out\"><\/span><strong>Key Takeaways from Mahanagar Gas Q2 Results: What Stands Out<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Revenue of Rs 2,776.74 Cr<\/strong> grew 23.06% YoY from Rs 2,256.36 Cr in the same quarter last year, a gain of Rs 520.38 Cr.<\/li>\n<li><strong>Net profit of Rs 137.03 Cr<\/strong> fell 28.4% from Rs 191.37 Cr a year earlier, a gap of Rs 54.34 Cr and a negative YoY growth figure.<\/li>\n<li><strong>Net profit margin of 4.9%<\/strong> compares with 8.5% in the comparison quarter, so net profit took a smaller share of revenue.<\/li>\n<li><strong>Net profit was down 29.0% quarter on quarter<\/strong> from Rs 193.00 Cr in the preceding quarter.<\/li>\n<li><strong>Next, the performance analysis<\/strong> explains how revenue and net profit moved on a YoY basis.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Mahanagar_Gas_Q2_Results_FY27_Performance_Analysis\"><\/span><strong>Mahanagar Gas Q2 Results FY27: Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mahanagar Gas Q2 Results FY27 show revenue of Rs 2,776.74 Cr against Rs 2,256.36 Cr a year earlier, an increase of 23.06%, while net profit of Rs 137.03 Cr compares with Rs 191.37 Cr, a decrease of 28.4%. Revenue therefore moved higher and net profit moved lower over the same comparison.<\/p>\n<p>In this results analysis of Mahanagar Gas Q2 Results, net profit equals 4.9% of revenue, compared with 8.5% in the comparison quarter. Net profit also stood 29.0% below the Rs 193.00 Cr reported in the preceding quarter. The reported figures confirm these movements but do not establish the specific cause.<\/p>\n<p>Anyone following Mahanagar Gas Q2 Results FY27 can use these figures as a reference point for later filings. Those quarterly results will show how revenue and net profit compare with the Rs 2,776.74 Cr and Rs 137.03 Cr reported here, and the first step in that comparison is the set of business factors covered next.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live results data<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Business_Factors_This_Quarter\"><\/span><strong>Key Business Factors This Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Revenue Growth<\/strong> &#8211; Revenue grew 23.1% year on year to Rs 2,776.74 Cr in the latest quarter, the first of the disclosed business factors in Mahanagar Gas Q2 Results FY27.<\/p>\n<p><strong>Return on Capital Employed<\/strong> &#8211; Return on capital employed was 18.78% in FY26, a second disclosed measure that investors can read next to the revenue figure for the July to September 2026 quarter.<\/p>\n<p><strong>Debt Position<\/strong> &#8211; The company is almost debt free, with a debt-to-assets ratio of 0.00 in FY26, a third disclosed measure that sits alongside the net profit of Rs 137.03 Cr reported in these quarterly results.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FY27_Outlook_After_Mahanagar_Gas_Q2_Results\"><\/span><strong>FY27 Outlook After Mahanagar Gas Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>FY27 full-year results will depend on the subsequent quarters and on the conditions the company discloses for its business. This results analysis describes the quarter reported and adds no forward revenue or net profit projection beyond the figures supplied.<\/p>\n<p>Mahanagar Gas Q2 Results FY27 supply one data point in that sequence, with net profit of Rs 137.03 Cr and revenue of Rs 2,776.74 Cr. Investors can compare later quarters with these figures on the Univest Screener, while the risks below show which movements deserve closer attention.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Watch_After_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>Key Risks to Watch After Mahanagar Gas Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Net_Profit_Decline\"><\/span><strong>Net Profit Decline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit fell 28.4% year on year to Rs 137.03 Cr, and the YoY growth figure for net profit has to be read against the higher revenue in Mahanagar Gas Q2 Results FY27.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Narrower_Net_Profit_Margin\"><\/span><strong>Narrower Net Profit Margin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit margin narrowed to 4.9% from 8.5% in the comparison quarter, which means each rupee of revenue carried a smaller share of net profit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Quarter_on_Quarter_Decline\"><\/span><strong>Quarter on Quarter Decline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit was down 29.0% quarter on quarter from Rs 193.00 Cr, a sequential movement that investors may weigh next to the YoY figures.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track quarterly results as they are declared.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mahanagar Gas Q2 Results FY27 report revenue of Rs 2,776.74 Cr and net profit of Rs 137.03 Cr. These quarterly results show revenue up 23.06% and net profit down 28.4% YoY. Read together, this Mahanagar Gas Q2 Results summary and the Financial Highlights table present the results in one place. Investors should consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>Frequently Asked Questions on Mahanagar Gas Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>What are Mahanagar Gas Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mahanagar Gas Q2 Results FY27 cover the July to September 2026 quarter, with revenue of Rs 2,776.74 Cr. Alongside this, net profit stood at Rs 137.03 Cr, as the Quick Answer summarises.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_results_date_for_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>What is the results date for Mahanagar Gas Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The results date for Mahanagar Gas Q2 Results FY27 is 3 November 2026, when the company declared its quarterly results. The Financial Highlights compare it with the same quarter last year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_revenue_was_reported_in_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>What revenue was reported in Mahanagar Gas Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue in Mahanagar Gas Q2 Results FY27 was Rs 2,776.74 Cr, compared with Rs 2,256.36 Cr in the same quarter last year, which the Financial Highlights table sets out in full alongside the YoY change.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_net_profit_was_reported_in_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>What net profit was reported in Mahanagar Gas Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit in Mahanagar Gas Q2 Results FY27 was Rs 137.03 Cr, compared with Rs 191.37 Cr a year earlier, which means the Key Takeaways section records a fall of 28.4% YoY.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_YoY_growth_did_revenue_show_in_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>How much YoY growth did revenue show in Mahanagar Gas Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue in Mahanagar Gas Q2 Results FY27 rose 23.06% YoY, from Rs 2,256.36 Cr to Rs 2,776.74 Cr, while the Performance Analysis section shows net profit moving lower over the same comparison.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_net_profit_rise_or_fall_in_Mahanagar_Gas_Q2_Results\"><\/span><strong>Did net profit rise or fall in Mahanagar Gas Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit fell in Mahanagar Gas Q2 Results, down 28.4% YoY to Rs 137.03 Cr from Rs 191.37 Cr, so the Performance Analysis section reads that decline alongside the higher revenue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_net_profit_change_quarter_on_quarter_in_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>How did net profit change quarter on quarter in Mahanagar Gas Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit in Mahanagar Gas Q2 Results FY27 was down 29.0% quarter on quarter, from Rs 193.00 Cr in the preceding quarter to Rs 137.03 Cr, as the Key Takeaways section records.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_net_profit_margin_in_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>What was the net profit margin in Mahanagar Gas Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The net profit margin in Mahanagar Gas Q2 Results FY27 was 4.9%, compared with 8.5% in the comparison quarter, so the Financial Highlights table shows net profit taking a smaller share of revenue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_business_factors_shaped_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>What business factors shaped Mahanagar Gas Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The disclosed business factors in Mahanagar Gas Q2 Results FY27 are the 23.1% YoY revenue growth, return on capital employed of 18.78% and a debt-to-assets ratio of 0.00, as the Key Business Factors section explains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_after_Mahanagar_Gas_Q2_Results_FY27\"><\/span><strong>What are the key risks after Mahanagar Gas Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key risks after Mahanagar Gas Q2 Results FY27 are the 28.4% YoY net profit decline, the narrower net profit margin of 4.9% and the 29.0% sequential fall, which the Key Risks section covers in detail.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_outlook_after_Mahanagar_Gas_Q2_Results\"><\/span><strong>What is the outlook after Mahanagar Gas Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The FY27 outlook after Mahanagar Gas Q2 Results depends on subsequent quarters, so the Outlook section treats net profit of Rs 137.03 Cr and revenue of Rs 2,776.74 Cr as reference points for later disclosures.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_find_the_complete_Mahanagar_Gas_Q2_Results_FY27_data\"><\/span><strong>Where can I find the complete Mahanagar Gas Q2 Results FY27 data?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The complete Mahanagar Gas Q2 Results FY27 data sits in the Financial Highlights table in this article, and readers can follow the stock on the Univest Screener for later quarterly results.<\/p>\n<p><script type=\"application\/ld+json\" class=\"faq-schema\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are Mahanagar Gas Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mahanagar Gas Q2 Results FY27 cover the July to September 2026 quarter, with revenue of Rs 2,776.74 Cr. 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Check YoY growth, net profit and results analysis in the 3 November 2026 filing.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\",\"url\":\"https:\/\/univest.in\"},\"about\":{\"@type\":\"Corporation\",\"name\":\"Mahanagar Gas Ltd\"}}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mahanagar Gas Q2 Results FY27: revenue Rs 2,776.74 Cr, up 23.06% YoY, while PAT fell 28.4% to Rs 137.03 Cr. 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