IGL2022-01-012022-03-31in-bse-fin:OneOperatingExpenses01Member IGL2022-01-012022-03-31in-bse-fin:OneOperatingExpenses02Member IGL2022-01-012022-03-31in-bse-fin:FourOperatingExpenses01Member IGL2022-01-012022-03-31in-bse-fin:FourOperatingExpenses02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares IGL 2021-04-01 2022-03-31 2022-05-10 INR Crores Yearly true Cash Flow Indirect Single segment Natural Gas 2022-01-01 2022-03-31 Audited Standalone 26497700000.00 773900000.00 27271600000.00 0.00 15186800000.00 -8400000.00 385200000.00 48800000.00 752700000.00 5929500000.00 22294600000.00 4977000000.00 0.00 4977000000.00 1236150000.00 124800000.00 1360950000.00 0.00 3616050000.00 0.00 0.00 0.00 0.00 3616050000.00 14800000.00 3630850000.00 0.00 0.00 1400000000.00 2 5.17 5.17 0.00 0.00 5.17 5.17 1. The standalone financial results of Indraprastha Gas Limited (IGL or the Company) for the year ended 31 March 2022 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 18 may 2022. The statutory auditors of the Company have expressed an unmodified audit opinion on these results. 2. The above results have been prepared in accordance ,vith 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 Honorable 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 upro 31 March 2016. The same was also reported in the previous periods as a contingent liability. The matter is pending in the Honorable 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. Figures for the quarters ended 31 March 2022 and 31 Mlarch 2021 represent the balancing figures between the audited figures for the full financial year and published year to date figures upto the third quarter of the years ended 31 March 2022 and 31 March 2021 respectively. 5. The Companys business falls within a single segment in terms of the Indian Accounting Standard 108, Operating Segments. 6. The Board of Directors have recommended a final dividend of 275% i.e. Rs. 5.50 (previous year Rs. 3.60) on equity shares of Rs. 2 (previous year Rs. 2) each for the year ended 31 March 2022 subject to approval of shareholders at the ensuing annual general meeting. 7. The Code on Social Security, 2020 (Code) relating to employee benefits during employment and postemployment benefits received Presidential assent in September 2020. However, the date on which the code will come into effect have not been notified and the final rules/interpretation have not yet been issued. The Company will assess the impact of the code when it comes into effect and will record any related impact in the period the code becomes effective. 8. The audited results for the Financial year ended 31 March 2022 are subject to review by the Compotroller and Auditor general of India under Section 143(6) and 143(7) of the Companies Act, 2013. Single segment 2021-04-01 2022-03-31 Audited Standalone 84847300000.00 2150400000.00 86997700000.00 0.00 43960900000.00 -37600000.00 1759500000.00 132100000.00 3170600000.00 20353400000.00 69338900000.00 17658800000.00 0.00 17658800000.00 4198950000.00 310300000.00 4509250000.00 0.00 13149550000.00 0.00 0.00 0.00 0.00 13149550000.00 13500000.00 13163050000.00 0.00 0.00 1400000000.00 2 67961500000.00 18.79 18.79 0.00 0.00 18.79 18.79 Excise Duty 2438500000.00 Other Expenses 3491000000.00 Excise Duty 7747700000.00 Other Expenses 12605700000.00 89500000.00 -4200000.00 -2586100000.00 0.00 157400000.00 0.00 0.00 -175900000.00 0.00 3681000000.00 0.00 103700000.00 0.00 3170600000.00 0.00 1016900000.00 0.00 1584400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 83000000.00 0.00 7120300000.00 24779100000.00 -384000000.00 0.00 -1207100000.00 3758700000.00 -450300000.00 18979000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -3276000000.00 13369500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 384000000.00 413900000.00 0.00 0.00 0.00 -15847600000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 765400000.00 2519200000.00 0.00 0.00 0.00 -3284600000.00 -153200000.00 0.00 -153200000.00 903200000.00 750000000.00