IGL2020-04-012020-06-30in-bse-fin:OneOperatingExpenses01Member IGL2020-04-012020-06-30in-bse-fin:OneOperatingExpenses02Member IGL2020-04-012020-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares IGL 2020-04-01 2021-03-31 2020-08-19 INR Crores First quarter Single segment Natural gas 2020-04-01 2020-06-30 Unaudited Consolidated 6925300000.00 306300000.00 7231600000.00 0.00 2986300000.00 4600000.00 314000000.00 23700000.00 681700000.00 2786000000.00 6796300000.00 435300000.00 0.00 435300000.00 62400000.00 80300000.00 142700000.00 0.00 292600000.00 0.00 0.00 0.00 59200000.00 351800000.00 -4100000.00 347700000.00 0.00 0.00 1400000000.00 2 0.50 0.50 0.00 0.00 0.50 0.50 NOTES : n1. The consolidated financial results of Indraprastha Gas Limited (IGL or the Company) for the quarter ended 30 June 2020 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 26 August 2020. The statutory auditors of the Company have carried out a limited review of the aforesaid results and have expressed an unmodified review conclusion. 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 Standard) Rules, 2015 (as amended), specified under section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India. n3. Delhi Development Authority (DDA) had 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 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 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. nThe 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. n n4. The Ministry of Home Affairs vide order No.4-3/2020 dated 24 March 2020 notified natural gas supply among the essential services which continued to operate within the lockdown period in the crisis situation of COVID 19. However, owing to reduction in demand due to restrictions in vehicular movement, the sales at the CNG stations were impacted. Similarly, demand from industrial and commercial customers were also impacted due to the lockdown. However , from June 2020, the demand has been gradually increasing in both industrial and CNG category. The results of the Company for quarter ended on 30 June 2020 are therefore not comparable to that extent. The Company has evaluated the possible effects on the carrying amounts of the financial assets including receivables and unbilled revenue and expects to duly recover the same. The impact of the global health pandemic may be different from that estimated as at the date of approval of these financial results and the Company will continue to closely monitor any material changes to future economic conditions and impact thereof on its operations. n5. Figures for the quarter ended 31 March 2020 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 2019. n6. The Company's business falls within a single segment in terms of the Indian Accounting Standard 108, Operating Segments. Other Expenses 2246400000.00 excise duty 539600000.00