IGL2020-10-012020-12-31in-bse-fin:OneOperatingExpenses01Member IGL2020-10-012020-12-31in-bse-fin:OneOperatingExpenses02Member IGL2020-10-012020-12-31in-bse-fin:FourOperatingExpenses01Member IGL2020-10-012020-12-31in-bse-fin:FourOperatingExpenses02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares IGL 2020-04-01 2021-03-31 2021-02-01 INR Crores Third quarter Single segment Natural Gas 2020-10-01 2020-12-31 Unaudited Consolidated 15950900000.00 259100000.00 16210000000.00 0.00 6062900000.00 5600000.00 374600000.00 30500000.00 749900000.00 4501100000.00 11724600000.00 4485400000.00 0.00 4485400000.00 1089500000.00 47200000.00 1136700000.00 0.00 3348700000.00 0.00 0.00 0.00 469600000.00 3818300000.00 -4100000.00 3814200000.00 0.00 0.00 1400000000.00 2 5.45 5.45 0.00 0.00 5.45 5.45 1. The consolidated financial results of Indraprastha Gas Limited (IGL or the Company) for the quarter and nine months ended 31 December 2020 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 10 February 2021. The statutory auditors of the Company have carried out a Limited Review of the aforesaid results. 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. n3. 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. 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. n4. The Ministry of Home Affairs vide order No.4-3/2020 dated 24th 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 commercial customers were also impacted due to the lockdown. However, the demand has since increased substantially and the Company expects to recover the carrying amount of financial and non-financial assets. 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. Dividend distribution tax has since been abolished and is now taxable in the hands of the investors. Accordingly, the company has remeasured its deferred tax liability on undistributed profits of its associates resulting in a reversal of net deferred tax liability to the extent of Rs. 76.49 crores. n6. The Companys business falls within a single segment in terms of the Indian Accounting Standard 108, Operating Segments. Single segment 2020-04-01 2020-12-31 Unaudited Consolidated 37283600000.00 868500000.00 38152100000.00 0.00 15152600000.00 3900000.00 1001100000.00 77100000.00 2142700000.00 11213700000.00 29591100000.00 8561000000.00 0.00 8561000000.00 1975800000.00 -572200000.00 1403600000.00 0.00 7157400000.00 0.00 0.00 0.00 817100000.00 7974500000.00 -12400000.00 7962100000.00 0.00 0.00 1400000000.00 2 11.39 11.39 0.00 0.00 11.39 11.39 Other Expenses 3011800000.00 excise duty 1489300000.00 Other Expenses 7831800000.00 excise duty 3381900000.00