IGL2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member IGL2022-10-012022-12-31in-bse-fin:OneOperatingExpenses02Member IGL2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member IGL2022-10-012022-12-31in-bse-fin:FourOperatingExpenses02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares IGL 2022-04-01 2023-03-31 2023-01-18 INR Crores Third quarter Single segment Natural Gas 2022-10-01 2022-12-31 Unaudited Consolidated 40890300000.00 557400000.00 41447700000.00 0.00 28640000000.00 -4100000.00 437700000.00 26100000.00 924900000.00 7532000000.00 37556600000.00 3891100000.00 0.00 3891100000.00 963500000.00 145000000.00 1108500000.00 0.00 2782600000.00 0.00 0.00 0.00 558000000.00 3340600000.00 3400000.00 3344000000.00 0.00 0.00 1400000000.00 2 4.77 4.77 0.00 0.00 4.77 4.77 1. The consolidated financial results of Indraprastha Gas Limited (IGL or the Company) for the quarter and nine months ended 31 December 2022 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 25 January 2023. 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 ASJ 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 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. The matter is pending in the Hon'ble High Court of Delhi and the Company 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 business falls within a single segment in terms of the Indian Accounting Standard 108, Operating Segments. 5. The Board of Directors have declared an interim dividend of 150% i.e., Rs. 3.00 per equity share amounting to Rs. 210 crores, with the record date of 07 February 2023. Single segment 2022-04-01 2022-12-31 Unaudited Consolidated 115413900000.00 1374700000.00 116788600000.00 0.00 76468000000.00 -33000000.00 1415000000.00 80400000.00 2695900000.00 21828900000.00 102455200000.00 14333400000.00 0.00 14333400000.00 3341200000.00 429500000.00 3770700000.00 0.00 10562700000.00 0.00 0.00 0.00 1858700000.00 12421400000.00 10100000.00 12431500000.00 0.00 0.00 1400000000.00 2 17.74 17.74 0.00 0.00 17.74 17.74 Excise duty 3782200000.00 Other expenses 3749800000.00 Excise duty 10827200000.00 Other expenses 11001700000.00