Southern Gas sets Sept 21 as dividend record date

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Dividend record date fixed as September 21, 2026
  • Book closure for 62nd AGM runs from September 22 to September 28, 2026
  • Remote e-voting opens on September 25, 2026 at 9:00 am
  • Voting closes on September 27, 2026 at 5:00 pm
  • Filing made under SEBI LODR Regulations 30 and 42
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Southern Gas has fixed Monday, September 21, 2026 as the record date for dividend payment. The company also outlined the schedule for its 62nd Annual General Meeting (AGM) and remote e-voting process.

The disclosure was made pursuant to Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Roshan Varshney, Company Secretary & Compliance Officer, signed the filing dated September 4, 2026.

Key Dates

Event Date Details
Dividend Record Date September 21, 2026 Eligibility for dividend payment
Book Closure Start September 22, 2026 Registrar closure begins
Book Closure End September 28, 2026 Registrar closure ends
E-Voting Start September 25, 2026 9:00 am
E-Voting End September 27, 2026 5:00 pm

Shareholders holding shares in physical or dematerialised form as on the cut-off date of September 21, 2026 are entitled to vote. The remote e-voting period runs from September 25, 2026 at 9:00 am to September 27, 2026 at 5:00 pm.

What the Numbers Show

The company is proceeding with its annual corporate governance cycle, ensuring shareholder participation through a defined remote voting window. The three-day book closure period aligns with standard regulatory practices for AGMs.

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What dividend per share amount is Southern Gas proposing for approval at the upcoming AGM?

How might the outcome of the e-voting process influence shareholder sentiment regarding the company's current management strategy?

Are there any significant capital expenditure plans or strategic shifts expected to be discussed during the 62nd AGM?

Southern Gas Q1 Results: Net profit rises 61% YoY to ₹75.74 lakh

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Reviewed by
Shriram SScanX News Team
Key Highlights

Southern Gas Limited delivered robust financial results for Q1FY27, with net profit surging 61% year-on-year to ₹75.74 lakh. Revenue from operations expanded by 17% to ₹1,027.43 lakh, indicating steady demand growth. The absence of exceptional items points to organic operational strength driving the bottom-line improvement.

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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.

Metric Q1FY27 Q4FY26 Q1FY26 FY26
Revenue (₹ lakh) 1,027.43 948.69 876.00 3,684.49
Net Profit Before Tax (₹ lakh) 105.14 102.32 65.16 367.36
Net Profit After Tax (₹ lakh) 75.74 72.33 40.33 270.42

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.

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What specific operational strategies or cost-saving measures contributed to the 61% profit surge outpacing the 17% revenue growth?

How does Southern Gas plan to sustain this improved margin trajectory in subsequent quarters given the competitive landscape in Goa?

Are there any announced capital expenditure plans or network expansion initiatives that could drive future revenue growth beyond current operational efficiency gains?

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