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MGL NET PROFIT

Mahanagar Gas reports 30% rise in Q3

Mahanagar Gas reports 30% rise in Q3

Sun, Feb 12, 2017

In Q3, sales volumes went sequentially down by 1.56%. MGL said, “This was mainly on account of impact of demonetization mainly in case of CNG.” While net sales was below 3.32% yoy to Rs 500.84 crore due to pass through of reduction in input gas cost.

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