IGL2023-10-012023-12-31 IGL2023-10-012023-12-31 IGL2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member IGL2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member IGL2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member IGL2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member IGL2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532514 IGL NA Indraprastha Gas Limited Equity 2023-04-01 2024-03-31 2024-01-25 2024-01-16 INR Crores Third quarter 11:00:00 13:30:00 2024-01-25 2024-01-25 Not applicable Single segment Natural Gas 2023-10-01 2023-12-31 Unaudited Consolidated 39261900000.00 545700000.00 39807600000.00 0.00 25476300000.00 -17400000.00 590800000.00 17700000.00 1019100000.00 7588900000.00 34675400000.00 5132200000.00 0.00 5132200000.00 1048600000.00 186600000.00 1235200000.00 0.00 3897000000.00 0.00 0.00 0.00 857500000.00 4754500000.00 1000000.00 4755500000.00 0.00 0.00 0.00 0.00 1400000000.00 2 6.79 6.79 0.00 0.00 6.79 6.79 1 The Consolidated financial results of Indraprastha Gas Limited (IGL or the Company) for the quarter and nine months ended 31 December 2023 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 25 January 2024. The results have been subjected to a Limited Review by the Statutory Auditors of the Company, who have issued an unmodified conclusion on the same. 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 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 Honble 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 Companys 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.18.87 crores for allotment of 51% shares in the subsidiary during FY 2023-24 of which allotment of shares amounting to Rs.18.36 crore is pending. 6 The company has paid interim dividend of 200% i.e, Rs. 4 per equity share amounting to Rs.280 crores on 06.11.2023 Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 115105700000.00 1618960000.00 116724660000.00 0.00 72608100000.00 -5600000.00 1614700000.00 66000000.00 3030740000.00 22271980000.00 99585920000.00 17138740000.00 0.00 17138740000.00 3826600000.00 406100000.00 4232700000.00 0.00 12906040000.00 0.00 0.00 0.00 2595000000.00 15501040000.00 3200000.00 15504240000.00 0.00 0.00 0.00 0.00 1400000000.00 2 22.14 22.14 0.00 0.00 22.14 22.14 Excise duty 3700000000.00 Other expenses 3888900000.00 Excise duty 10888800000.00 Other expenses 11383180000.00 1400000.00 4300000.00 0.00 0.00 400000.00 1100000.00