Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides domestic piped natural gas (PNG), commercial PNG, industrial PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 290 CNG filing stations that provides gas to approximately 8.5 lakh vehicles with 1,738 dispensing points; 550 km of steel pipeline and approximately 5,670 km of MDPE pipeline; and 4,339 commercial and industrial customers. The company's PNG is used for various applications, such as cooking and water heating, as well as in hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship, etc. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.
Revenue of Mahanagar Gas Limited (MGL.NS)
Revenue in 2023 (TTM): $744.94 M
According to Mahanagar Gas Limited's latest financial reports the company's current revenue (TTM) is $744.94 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Mahanagar Gas Limited
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $744.94 M | $286.96 M | $239.08 M | $203.89 M | $151.16 M |
| 2022 | $746.03 M | $220.81 M | $153.49 M | $125.01 M | $93.57 M |
| 2021 | $418.82 M | $152.89 M | $119.62 M | $95.49 M | $70.7 M |
| 2020 | $252.97 M | $148.84 M | $120.14 M | $98.72 M | $73.38 M |
| 2019 | $349.49 M | $166.78 M | $136.41 M | $116.48 M | $93.98 M |
| 2018 | $328.15 M | $144.09 M | $114.07 M | $99.12 M | $64.71 M |
| 2017 | $262.64 M | $130.83 M | $99.22 M | $86.04 M | $56.59 M |
| 2016 | $239.21 M | $110.35 M | $82.52 M | $71.14 M | $46.59 M |
| 2015 | $244.77 M | $92.24 M | $65.9 M | $55.5 M | $36.56 M |
| 2014 | $246.13 M | $87.36 M | $62.82 M | $53.21 M | $35.65 M |
| 2013 | $221.45 M | $81.88 M | $61.9 M | $52.32 M | $35.2 M |
| 2012 | $177.47 M | $77.56 M | $60.94 M | $52.39 M | $35.35 M |
| 2011 | $153.84 M | $76.81 M | $61.36 M | $53.76 M | $36.45 M |