Southern Gas Limited reported a 49.3% rise in net profit for the financial year ended March 31, 2026, to ₹270.42 crore, compared to ₹181.16 crore in the previous year. Revenue from operations for the year increased to ₹3,684.49 crore from ₹3,571.20 crore in FY25. The board recommended a final dividend of ₹60 per equity share, subject to shareholder approval at the ensuing Annual General Meeting.

The standalone financial results were approved by the Board of Directors during its meeting held on May 28, 2026. For the quarter ended March 31, 2026, the company posted a net profit of ₹72.33 crore, up from ₹41.70 crore in the corresponding quarter of the previous year. Total revenue from operations for the quarter stood at ₹948.69 crore.

Financial Performance

The company’s total income for FY26 rose to ₹3,795.38 crore from ₹3,692.51 crore in the prior year. Total expenses for the year were reported at ₹3,428.02 crore, slightly lower than the ₹3,457.39 crore recorded in FY25. Profit before tax for the year increased to ₹367.36 crore from ₹235.12 crore.

Dividend and Appointments

The Board recommended a final dividend of ₹60 per equity share, having a face value of ₹100 each, for FY26. The dividend will be paid or dispatched within 30 days from the date of the Annual General Meeting. Additionally, the Board re-appointed M/s. M.B. Rama Bhat & Associates as Internal Auditors for the Karnataka Unit and M/s. S B R V and Co as Internal Auditors for the Kerala Unit for the financial year 2026-27.

Auditor's Report

M/s. M. R. Hegde & Associates, Chartered Accountants, the Statutory Auditors, issued an audit report with an unmodified opinion on the audited standalone financial results for the year ended March 31, 2026. The auditors confirmed that the financial results present a true and fair view in conformity with Indian Accounting Standards.

The Southern Gas Limited has scheduled a meeting of its Board of Directors on Thursday, May 28, 2026, at 04:00 p.m. The meeting will be held at the company's registered office in Margao, Goa. The primary agenda includes the consideration and approval of the audited standalone financial results for the quarter and financial year ended March 31, 2026.

Agenda Details

The board will review the financial performance for the specified period. In addition to the financial results, the directors will consider recommending a dividend on equity shares for the financial year ended March 31, 2026. Any dividend declaration will be subject to the approval of shareholders at the ensuing Annual General Meeting.

Trading Window Closure

Pursuant to SEBI regulations, the trading window for dealing in the securities of the company has been closed since April 1, 2026. This closure will remain in effect until 48 hours after the declaration of the financial results. Consequently, the window is scheduled to reopen on May 30, 2026.

Meeting Information