Monthly Update31 Jul 2025, 10:45 pm
Mahanagar Gas Ltd Announces 30th AGM for FY 2024-25, Reports Steady Growth and Robust Financial Performance
AI Summary
Mahanagar Gas Ltd, the sole authorized distributor of CNG and PNG in Mumbai, Thane Urban, and Raigad, has announced the 30th Annual General Meeting (AGM) for the financial year 2024-25. The company has reported a steady growth with a Compound Annual Growth Rate (CAGR) of 34% for FY 21 - FY 25 and a Return on Net Worth of 18.94% in FY25. Mahanagar Gas Limited has a strong consumer base with CNG supplied to 1.11 million vehicles and PNG connections to approximately 2.83 million households and 5,100 industrial consumers. The company has a robust financial performance with a net worth of INR 5,889 Cr in FY 25. The AGM will be held on Friday, August 22, 2025.
Key Highlights
- Mahanagar Gas Ltd announced the 30th AGM for the financial year 2024-25.
- The company reported a steady growth with a CAGR of 34% for FY 21 - FY 25 and a Return on Net Worth of 18.94% in FY25.
- Mahanagar Gas Limited has a strong consumer base with CNG supplied to 1.11 million vehicles and PNG connections to approximately 2.83 million households and 5,100 industrial consumers.
- The company has a robust financial performance with a net worth of INR 5,889 Cr in FY 25.
- The AGM will be held on Friday, August 22, 2025.