Southern Gas has scheduled its 62nd Annual General Meeting (AGM) for Monday, September 28, 2026, at its registered office in Margao, Goa. The Board of Directors has recommended a final dividend of ₹60 per equity share of face value ₹100 each for the financial year ended March 31, 2026 (FY26), subject to shareholder approval.

The company also released its audited financial results for FY26, reporting robust growth in profitability despite modest revenue expansion. Profit Before Tax (PBT) surged 56% to ₹367.36 lakh from ₹235.12 lakh in FY25. Total Revenue increased by 3% to ₹3,795.38 lakh, driven primarily by higher sales of manufactured goods.

Key Dates

Shareholders holding shares as on the record date of September 21, 2026, are eligible for the dividend and voting rights. The remote e-voting window opens on September 25, 2026, and closes on September 27, 2026.

Financial Performance Highlights

The industrial gases manufacturer demonstrated improved operational efficiency, leading to significant margin expansion. While revenue growth was steady, cost optimization measures contributed to a sharper rise in bottom-line metrics.

Revenue from operations stood at ₹3,684.49 lakh, up from ₹3,571.20 lakh in the previous year. Other income declined slightly to ₹110.89 lakh from ₹121.31 lakh. The company maintained a debt-free balance sheet with no borrowings reported as of March 31, 2026.

Corporate Governance Updates

The AGM agenda includes the re-appointment of Mrs. Yogita Gautam Pai Kakode as a Non-Executive Director, who retires by rotation. Additionally, shareholders will vote on the appointment of Dr. Upendra Saulo Quenim Robolo as a Non-Executive, Non-Independent Director, replacing Mr. Motilal Sanvlo Keny who ceased to be a director in February 2026.

The Annual Report and AGM notice are available electronically on the company’s website. The company continues to emphasize operational safety, regulatory compliance, and customer-centric service across its network of manufacturing units in Southern India.

Southern Gas reported a net profit of ₹75.74 lakh for the quarter ended June 30, 2026, reflecting a significant year-on-year expansion of 61% from ₹40.33 lakh recorded in Q1FY26. The Goa-based gas distribution company also posted a 17% rise in total income from operations, which climbed to ₹1,027.43 lakh against ₹876.00 lakh in the corresponding period of the previous fiscal year.

The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 13, 2026. The financial statements have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013.

Financial Performance

Revenue growth was accompanied by an improvement in pre-tax profits. Net profit before tax stood at ₹105.14 lakh for the current quarter, compared to ₹65.16 lakh in Q1FY25. On a sequential basis, the company also showed progress, with net profit before tax rising marginally from ₹102.32 lakh in the quarter ended March 31, 2026.

Earnings per share (basic and diluted) for the quarter were reported at ₹362.12, up from ₹209.47 in the same quarter last year. For the full fiscal year FY26, the company had reported a net profit after tax of ₹270.42 lakh on revenues of ₹3,684.49 lakh.

What the Numbers Show

The divergence between the strong year-on-year growth in net profit (61%) and the more moderate revenue growth (17%) suggests improved operational efficiency or favorable cost dynamics during the period. With no exceptional or extraordinary items disclosed in the results, the profit growth appears to be driven by core operational performance rather than one-off gains.