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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1 The financial results of Indraprastha Gas Limited (IGL or the Company) for the quarter ended 30 June 2018 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 10 August 2018. The statutory auditors of the Company have carried out a Limited Review of the aforesaid results.  n  n2 Figures for the quarter ended 31 March 2018 represent the balancing figures between the audited figures for the full financial year and published year to date figures upto the third quarter ended 31 December 2017.ttttt  n3 Delhi Development Authority (DDA) has raised a total demand 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 has 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 has been increased manifold and made applicable retrospectively from financial year 2007-08. Further, DDA vide communication dated 29 August 2016 has revised the total demand to Rs. 330.73 crores for the period upto 31 March 2016. The same was also reported in the previous year 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.  ntttt  n4 The shareholders of the Company in their annual general meeting held on 28 September 2017 approved sub-division of each equity shares having a face value of Rs. 10 into five equity shares having a face value of Rs. 2 each. The record date for the sub-division was 10 November 2017 and per share information in the above financial results have been restated to reflect the effect of this sub-division for each of the periods presented.  n  n5 Post the applicability of Ind AS 115 Revenue from Contracts with Customers from 1 April 2018, the revenue from operations are now required to be disclosed net of facility charges. Such expenses were earlier grouped under other expenses in accordance with the requirements of Ind AS upto 31 March 2018. However, the Company has applied full retrospective approach in adopting the new standard and has accordingly restated the previous period numbers, as disclosed in the results, which have been tabulated below:ttttt  nParticulars                                       Three months ended  30 June 2018 Three months ended 31 March 2018 Corresponding Three months ended 30 June 2017       Year ended  31 March 2018  nRevenue from operations   n(before adoption of Ind AS 115)      1,439.59 t                1,356.68 t          1,161.02 t         5,071.57   nLess: Facility Chargest             17.24 t                     18.85 t               11.54 t             58.75   nRevenue from operations t         1,422.35 t                1,337.83 t          1,149.48 t         5,012.82   ntttttt  nThere is no impact on the Earning per share (EPS) as result on the adoption of aforementioned adjustment of Ind AS 115.t  n  n6 The Company's business falls within a single segment in terms of the Ind AS 108, Operating Segments and hence no additional disclosures are being furnished.ttttt  n</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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