IGL Logo INDRAPRASTHA GAS LIMITED

IGL Bhawan, Plot No. 4 Community Centre, R.K.Puram, Sector -9, New Delhi - 110022
Website: www.iglonline.net
AUDITED FINANCIAL RESULTS FOR THEYEAR ENDED 31ST MARCH, 2009
(Pursuant to clause 41 of Listing Agreement)
Rs./Lacs
S. No.ParticularsThree months ended 31/03/2009 (Unaudited)Three months ended 31/03/2008 (Unaudited)Twelve months ended 31/03/2009 (Audited)Twelve months ended 31/03/2008 (Audited)
1 Gross Sales/Income from operations 25,596.40 21,389.14 96,213.73 80,979.80
2 Less: Excise Duty 2,856.00 2,649.39 10,936.66 10,381.97
3 Net sales / Income from operations 22,740.40 18,739.75 85,277.07 70,597.83
4 Other operating income 104.72 406.13 435.34 695.66
5 Total Income (3+4) 22,845.12 19,145.88 85,712.41 71,293.49
6 Expenditure
  a. (Increase) / Decrease in stock in trade (4.23) (0.17) (6.29) (0.70)
b. Consumption of raw materials 11,571.22 8,102.84 41,082.97 30,294.42
c. Employee cost  646.65 422.31 2,353.30 1,525.60
d. Depreciation 1,759.95 1,511.06 6,743.36 6,257.67
e. Other expenditure  3,359.51 2,386.32 11,8390.75 8,775.10
f. Total  17,333.10 12,422.70 62,013.09 46,852.09
7 Interest - - - -
8 Exceptional items - - - -
9 Profit from operations before other income (5-6) 5,512.02 6,723.18 23,699.32 24,441.40
10 Other income 539.86 483.65 2,186.70 1,648.15
11 Profit before tax (7+8) 6,051.88 7,206.83 25,886.02 26,089.55
12 Tax expense 2,019.95 2,390.29 8,638.59 8,643.99
13 Net profit after tax (9-10) 4,031.93
4,816.54
17,247.43
17,445.55
14 Paid-up equity share capital (Face value Rs.10 each) 14,000.02 14,000.02 14,000.02 14,000.02
15 Reserves excluding revaluation reserves     54,341.67 43,645.97
16 Basic and diluted earnings per share (not annualised) 2.88 3.44 12.32 12.46
17 Public shareholding
  a. Number of shares 77,000,080 77,000,080 77,000,080 77,000,080
  b. Percentage of shareholding 55% 55% 55% 55%
18 Promoters and promoter group shareholding
  a) Pledged/Encumbered
    Number of shares -   -  
    Percentage of shares (as a % of the total shareholding of promoter and promoter group) -   -  
    Percentage of shares (as a% of the total share capital of the company) -   -  
             
  b) Non-encumberd
    Number of shares 63,000,080   63,000,080  
    Percentage of shares (as a% of the total shareholding of promoter and promoter group) 100%   100%  
    Percentage of shares (as a% of the total share capital of the company) 45%   45%  
Notes:
    1. The above results were approved by the Board of Directors in their meeting held on 27th May, 2009.
    1. Since the Company operates in a single segment of Natural Gas Business, the disclosure requirements as per Accounting Standard 17 "Segment Reporting" are not applicable to the Company.
    1. The Company has received a demand of Rs. 437.45 lacs towards service charges on purchase of natural gas for the period 1st July' 2008 to 31st March' 2009 . The company is of the view that the amount is not payable and is disputing the demand made by the supplier and hence no provision has been made in the books of account for this amount.
    1. Details of number of investor complaints for the three months ended 31st March, 2009 Beginning nil, Received 67, Disposed of 67 and Pending nil.
    1. The Board has recommended payment of dividend at the rate of 40% for the approval of members in the ensuing Annual General Meeting.
  1. Previous year figures have been regrouped/ reclassified wherever necessary.
Place: Mumbai
Date : 27 May, 2009
For Indraprastha Gas Limited
sd/-
Rajesh Vedvyas
Managing Director