Southern Gas Ltd Reports Strong Profit Growth and Recommends Dividend

Southern Gas Ltd's net profit for the fiscal year ended March 31, 2026, surged by 49.27% to ₹2.7042 crore, up from ₹1.8116 crore in the previous fiscal year. Revenue from operations grew by 3.17% to ₹36.8449 crore in FY26, compared to ₹35.712 crore in FY25.

What just happened

The company announced its audited standalone financial results for FY26, showing a significant jump in net profit. The Board of Directors also recommended a final dividend of ₹60 per equity share.

Why this matters

Investors will note the strong profit growth, which outpaced revenue increases, indicating improved operational efficiency. The recommended dividend of ₹60 per share (60% payout on a face value of ₹100) signifies management's confidence in the company's financial health and commitment to shareholder returns.

The backstory

In the previous fiscal year, FY25, Southern Gas Ltd reported a net profit of ₹1.8116 crore and revenue of ₹35.712 crore. The company's performance in FY26 shows a marked improvement over these figures.

What changes now

The recommended dividend of ₹60 per share is subject to shareholder approval at the upcoming Annual General Meeting (AGM). If approved, it will be paid within 30 days of the AGM.

Risks to watch

The company's management assessed the implementation of the four Labour Codes effective November 21, 2025, and concluded there is no material impact on employee benefit obligations or payroll costs.

Peer comparison

(No peer comparison data available in the filing.)

Context metrics (time-bound)

For FY26, Southern Gas Ltd reported revenue of ₹36.8449 crore and net profit of ₹2.7042 crore. For the fourth quarter of FY26 (Q4 FY26), revenue stood at ₹9.4869 crore, with a net profit of ₹0.7233 crore.

What to track next

Investors should watch for the shareholder approval of the final dividend at the AGM and any future updates on the company's operational performance and strategic initiatives.