According to reports from Business Standard, Gagan Gases reported a standalone net profit of ₹0.04 crore in the quarter ended June 2026, marking a significant turnaround from the net loss of ₹0.07 crore recorded during the corresponding quarter of the previous financial year. This represents a profit after tax of ₹0.04 crore compared to the loss of ₹0.07 crore in Q1 FY26. The company's revenue declined by 38.37% to ₹0.53 crore in Q1 FY27, down from ₹0.86 crore in the same quarter of the previous financial year, as reported by Business Standard.
According to the financial data reported by Business Standard, the company's operating profit margin (OPM) improved to 9.43% in Q1 FY27, compared to 5.81% in the corresponding quarter of the previous year. The profit before tax (PBT) stood at ₹0.04 crore, while profit before depreciation and tax (PBDT) remained stable at ₹0.05 crore compared to the previous year's ₹0.05 crore. Despite the revenue contraction, the company managed to achieve profitability through improved operational efficiency and cost management measures.
As per latest market data, Gagan Gases Ltd has a market capitalization of ₹8.54 crore and trades with a low promoter holding of 38.8%. The company, incorporated in 1986, is engaged in the business of LPG Bottling and also sells LPG in its own cylinders. The company has shown a low return on equity of 4.91% over the last 3 years, indicating challenges in capital efficiency despite operational improvements. Working capital days have increased from 81.5 days to 180 days, reflecting changes in the company's operational cycle.
