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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	27-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	22-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	NATURAL GAS
Start date and time of board meeting	27-Apr-2025   15:30:00
End date and time of board meeting	27-Apr-2025   17:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	43407700000	164667300000
	Other income	903400000	3341200000
	Total income	44311100000	168008500000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	29417600000	110755400000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-5200000	-23600000
(d)	Employee benefit expense	518300000	2041500000
(e)	Finance costs	36400000	103000000
(f)	Depreciation, depletion and amortisation expense	1212500000	4758600000
(f)	Other Expenses
1	Excise Duty	3899300000	15389300000
2	Other Expenses	4616200000	16771900000
	Total other expenses	8515500000	32161200000
	Total expenses	39695100000	149796100000
3	Total profit before exceptional items and tax	4616000000	18212400000
4	Exceptional items	0	0
5	Total profit before tax	4616000000	18212400000
6	Tax expense
7	Current tax	760000000	3824900000
8	Deferred tax	404900000	870300000
9	Total tax expenses	1164900000	4695200000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	3451100000	13517200000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	1081000000	3612900000
16	Total profit (loss) for period	4532100000	17130100000
17	Other comprehensive income net of taxes	20400000	-3600000
18	Total Comprehensive Income for the period	4552500000	17126500000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	4551400000	17177600000
	Total profit or loss, attributable to non-controlling interests	-19300000	-19300000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	20400000	-3600000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	2800000000	2800000000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		103357700000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.25	12.27
	Diluted earnings (loss) per share from continuing operations	3.25	12.27
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	3.25	12.27
	Diluted earnings (loss) per share from continuing and discontinued operations	3.25	12.27
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1. The Consolidated financial results of Indraprastha Gas Limited {'IGL' or the 'Company') for the financial year ended 31 March 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 27 April 2025. The statutory auditors of the company have expressed an unmodified opinion on these results. n n2. 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. n n3a. The negotiations with the Oil Marketing Companies (OMCs), to renew the commercial terms of the contracts, have concluded and the agreements with them have been renewed w.e.f. 01.12.2021. Accordingly the trade margins have been paid at the new rates during the current year. It was agreed that the arrears for the period 01.04.2019 up to 30.11.2021 shall be finalized as per mutual discussions. During the current quaner, the discussions have been concluded and the total provision of Rs. 114.08 crores in this regard has been reversed in accordance with IND AS 115. n n3b. 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. Funher, 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 reponed in the previous periods as a contingent liability. nThe 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. n n4. figures for the quarters ended 31 March 2025 and 31 March 2024 represent the balancing figures between the audited figures for the full financial year and published year to date figures upto the third quarter of the years ended 31 March 2025 and 31 March 2024 respectively. n n5. The Company's business falls within a single segment in terms of the Indian Accounting Standard 108, 'Operating Segments'. n n6. Previous years figures have been regrouped/ reclassified to align with the current year classification, whereever required. n n7. During the current 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 financial year ended 31 March 2024 and quarter nended 31 March 2024 and 31 December 2024 have been restated based on total number of equity shares outstanding after bonus issue. n n8. The Board of Directors have recommended a final dividend of 75% i.e. Rs. 1.50 previous year Rs. 5.00 on equity shares of Rs. 2 (previous year Rs. 2) each for the year ended 31 March 2025 subject to approval of shareholders at the ensuing Annual General Meeting. n n9. The audited results for the year ended 31 March 2025 are subject to review by the Comptroller and Auditor General of India under section 143(6) and 143(7) of the Companies Act, 2013.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	71822800000
	Capital work-in-progress	15269700000
	Investment property	0
	Goodwill	0
	Other intangible assets	95900000
	Intangible assets under development	155500000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	15967200000
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	3976400000
	Total non-current financial assets	3976400000
	Deferred tax assets (net)	0
	Other non-current assets	1942700000
	Total non-current assets	109230200000
2	Current assets
	Inventories	487600000
	Current financial asset
	Current investments	13290700000
	Trade receivables, current	7067000000
	Cash and cash equivalents	1446200000
	Bank balance other than cash and cash equivalents	21207400000
	Loans, current	0
	Other current financial assets	2482100000
	Total current financial assets	45493400000
	Current tax assets (net)	149900000
	Other current assets	452500000
	Total current assets	46583400000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	155813600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2800000000
	Other equity	103357700000
	Total equity attributable to owners of parent	106157700000
	Non controlling interest	266900000
	Total equity	106424600000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	74600000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	700000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	600000
	Total Trade payable	1300000
	Other non-current financial liabilities	1138600000
	Total non-current financial liabilities	1214500000
	Provisions, non-current	378600000
	Deferred tax liabilities (net)	4564900000
	Deferred government grants, Non-current	0
	Other non-current liabilities	90300000
	Total non-current liabilities	6248300000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	1218500000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	8127200000
	Total Trade payable	9345700000
	Other current financial liabilities	25162300000
	Total current financial liabilities	34508000000
	Other current liabilities	1085600000
	Provisions, current	7509000000
	Current tax liabilities (Net)	38100000
	Deferred government grants, Current	0
	Total current liabilities	43140700000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	49389000000
	Total equity and liabilites	155813600000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
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	(i) Re-measurement gain/(loss) on defined benefit plans	27200000	-4800000
	Total Amount of items that will not be reclassified to profit and loss	27200000	-4800000
2	Income tax relating to items that will not be reclassified to profit or loss	6800000	-1200000
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	20400000	-3600000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			18212400000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			73900000
	Adjustments for decrease (increase) in inventories			-1200000
	Adjustments for decrease (increase) in trade receivables, current			2945900000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-66300000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-268000000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-422300000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-175000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			4758600000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			1563800000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			1942900000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			100000
	Adjustments for dividend income			0
	Adjustments for interest income			1919400000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-4100000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-914500000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			212300000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			7726700000
	Net cash flows from (used in) operations			25939100000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			3951100000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			21988000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			11642200000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			1060000000
	Interest received			1804000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-6412700000
	Net cash flows from (used in) investing activities	-15190900000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			149700000
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			73400000
	Repayments of borrowings			0
	Payments of lease liabilities			342500000
	Dividends paid			7348000000
	Interest paid			73900000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-7541300000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-744200000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-744200000
	Cash and cash equivalents cash flow statement at beginning of period			2190400000
	Cash and cash equivalents cash flow statement at end of period			1446200000