IGL2021-04-012021-06-30in-bse-fin:OneOperatingExpenses01Member IGL2021-04-012021-06-30in-bse-fin:OneOperatingExpenses02Member IGL2021-04-012021-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares IGL 2021-04-01 2022-03-31 2021-08-04 INR Crores First quarter Single segment Natural Gas 2021-04-01 2021-06-30 Audited Standalone 13804900000.00 298300000.00 14103200000.00 0.00 5620900000.00 -800000.00 373900000.00 29400000.00 778100000.00 4002300000.00 10803800000.00 3299400000.00 0.00 3299400000.00 792800000.00 63700000.00 856500000.00 0.00 2442900000.00 0.00 0.00 0.00 0.00 2442900000.00 -400000.00 2442500000.00 2442500000.00 2442500000.00 1400000000.00 2 3.49 3.49 0.00 0.00 3.49 3.49 1. The standalone financial results of Indraprastha Gas Limited (IGL or the Company) for the quarter ended 30 June 2021 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 13 August 2021. The statutory auditors of the Company have carried out a limited review of the aforesaid results and have expressed an unmodified review conclusion. 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 and other accounting principles generally accepted in India. 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 Honble 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 operations were impacted due to 2nd wave of COVID 19 in April 2021, resulting in reduction of sales volumes. Further, 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 Company will continue to closely monitor any material changes to future economic conditions and impact thereof on its operations. 5. Figures for the quarter ended 31 March 2021 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 2020 6. The Companys business falls within a single segment in terms of the Indian Accounting Standard 108, Operating Segments. 7. Previous period figures have been regrouped/reclassified, wherever required. excise duty 1231000000.00 other expenses 2771300000.00