Integrated Filing — IndAS



General information about company

Scrip Code 532514
NSE Symbol IGL
MSEI Symbol NOTLISTED
ISIN INE203G01027
Name of company INDRAPRASTHA GAS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 12-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment NATURAL GAS
Start date and time of board meeting 12-02-2026   14:15:00
End date and time of board meeting 12-02-2026   17:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 4,48,902.00 13,26,173.00
Other income 8,917.00 27,346.00
Total income 4,57,819.00 13,53,519.00
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 3,10,837.00 9,17,914.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (263.00) (400.00)
(d) Employee benefit expense 8,145.00 19,305.00
(e) Finance costs 248.00 768.00
(f) Depreciation, depletion and amortisation expense 13,192.00 38,477.00
(f) Other Expenses
1 Excise duty 42,152.00 1,25,683.00
2 Other expenses 40,945.00 1,21,413.00
Total other expenses 83,097.00 2,47,096.00
Total expenses 4,15,256.00 12,23,160.00
3 Total profit before exceptional items and tax 42,563.00 1,30,359.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 42,563.00 1,30,359.00
6 Tax expense
7 Current tax 10,009.00 29,816.00
8 Deferred tax 1,109.00 3,565.00
9 Total tax expenses 11,118.00 33,381.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 31,445.00 96,978.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 7,756.00 23,498.00
16 Total profit (loss) for period 39,201.00 1,20,476.00
17 Other comprehensive income net of taxes (9.00) (2.00)
18 Total Comprehensive Income for the period 39,192.00 1,20,474.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 28,000.00 28,000.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.81 8.64
Diluted earnings (loss) per share from continuing operations 2.81 8.64
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.81 8.64
Diluted earnings (loss) per share from continuing and discontinued operations 2.81 8.64
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The Consolidated financial results of Indraprastha Gas Limited (IGL or the Company) for the quarter and nine months ended 31 December 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 12 February 2026. The statutory auditors of the Company have carried out a limited review of the aforesaid results and have expressed an unmodified review conclusion. 2. The above results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards (Ind-AS) as notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended), specified under section 133 of the Companies Act, 2013. 3(a) During Q3 FY 25-26, the trade margins were paid at the new rates, following the renewal of commercial contracts with the Oil Marketing Companies (OMCs), effective from 01.12.2021. This renewal of agreements had been concluded in Q4 FY 24-25, and the trade margins for the current period are being recognized at these updated rates. The arrears for the period 01 .04.2019 to 30.11.2021, which were subject to mutual discussions, were finalized during Q4 FY 24-25 . Consequently, the total provision of Rs. 114.08 crores that had been recorded in previous periods was reversed in Q4 FY 24-25, in line with the requirements of IND AS 115 regarding revenue recognition. 3(b) Delhi Development Authority (DDA) had raised a total demand (excluding interest) of Rs.155.64 crores during 2013-14 on account of increase in license fees in respect of sites taken by the Company on lease from DDA for setting up compressed natural gas (CNG) stations in Delhi. The increase in license fees was related to the period 1 April 2007 to 31 March 2014. The Company had filed a writ petition on 11 October 2013 before the Hon'ble High Court of Delhi against the demand raised by DDA as the revised license fees had been increased manifold and made applicable retrospectively from financial year 2007-08. Further, DDA vide communication dated 29 August 2016 had revised the total demand (excluding interest) to Rs. 330.73 crores for the period upto 31 March 2016. The same was also reported in the previous periods as a contingent liability. The matter is pending in the Hon'ble High Court of Delhi and the Company is of the view that such demand is not tenable and accordingly, no provision has been made for this aforementioned demand raised by DDA in the books of accounts. 4. The Company's business falls within a single segment in terms of the Indian Accounting Standard 108, Operating Segments. 5. A subsidiary named IGL Genesis Technologies Limited has been incorporated on 15.06.2023. The Company holds 51% share in IGL Genesis Technologies Limited. The primary objective of subsidiary is manufacturing, supply, selling and distribution of gas & other meters and other allied goods & services. The certificate of incorporation has been received by the subsidiary on 13.07.2023. The Company has invested Rs. 34.46 crores in the subsidiary till 31.12.2025.The company has also advanced Secured Loan to the subsidiary and the outstanding balance of such loans as on 31.12.2025 amounts to Rs. 28.04 crores. 6. Previous period figures have been regrouped/reclassified to align with the current year classification, wherever required. 7. The Government of India has consolidated 29 existing labour legislations into a united framework comprising 4 Labour Codes which were made effective from November 21, 2025. The corresponding supporting rules under these codes are yet to be notified. The Company has considered the impact on the basis best information and estimate available and, accordingly, financial implications amounting to Rs. 28.29 crore has been recognised in the current quarter. ended December 31, 2025 based on acturial valuation. The Company continues to monitor the developments relating to the Labour Codes and will evaluate any additional impact. 8. During the previous year, the shareholders of the Company have approved bonus equity shares having a face value of Rs. 2 each in the ratio of 1:1 in the month of January 2025. Consequently, the total number of equity shares issued by the Company increased to 1,400,001,600 shares of Rs. 2 each. In line with the disclosure requirements of IND AS 33, the EPS for the quarter ended 31 December 2025 have been restated based on total number of equity shares outstanding after bonus issue. 9. The Board of Directors have declared an interim dividend of 162.5% i.e. Rs. 3.25 per equity shares amounting to Rs. 455 crores, with the record date of 19th February 2026.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Income tax relating to items that will not be reclassified to profit or loss (13.00) (4.00)
Total Amount of items that will not be reclassified to profit and loss (13.00) (4.00)
2 Income tax relating to items that will not be reclassified to profit or loss (4.00) (2.00)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (9.00) (2.00)





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 PSMG & ASSOCIATES Yes 28-02-2027