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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 THE YEAR ENDED 31st MARCH 2008
(Pursuant to clause 41 of Listing Agreement)
Rs./Lacs
S. No.ParticularsThree months ended 31/03/2008 (Unaudited)Three months ended 31/03/2007 (Unaudited)Twelve months ended 31/03/08 (Audited)Twelve months ended 31/03/07 (Audited)
1 Gross Sales/Income from operations 21,389.14 18,874.79 80,979.81 70,586.64
2 Less: Excise Duty 2,649.39 2,444.70 10,381.97 9,176.59
3 Net sales / Income from operations 18,739.75 16,430.09 70,597.84 61,410.05
4 Other income 889.78 335.24 2,343.81 1,019.92
5 Total Income (3+4) 19,629.53 16,765.33 72,941.65 62,429.97
6 Expenditure
(a) (Increase) / Decrease in stock in trade 0.17 (0.14) (0.70) (3.43)
(b) Consumption of raw materials 8,102.84 6,961.70 30,294.42 26,774.73
(c) Employee cost 422.31 375.38 1,525.60 1,410.90
(d) Depreciation 1,511.06 1,485.48 6,257.67 5,981.95
(e) Other expenditure 2,386.32 1,979.10 8,775.10 7,709.59
(f) Total 12,422.70 10,801.52 46,852.09 41,873.74
7 Profit before tax (5-6) 7,206.83 5,963.81 26,089.56 20,556.23
8 Tax expense 2,390.29 1,958.25 8,643.99 6,760.00
9 Net profit after tax (7-8) 4,816.54 4,005.56 17,445.57 13,796.23
10 Paid-up equity share capital (Face value Rs.10 each) 14,000.02 14,000.02 14,000.02 14,000.02
11 Reserves excluding revaluation reserves     43,645.97 32,752.14
12 Basic and diluted earnings per share (not annualised) 3.44 2.86 12.46 9.85
13 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%
Notes :
  1. The above results were approved by the Board of Directors in their meeting held on 18th June, 2008.
  2. 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.
  3. Details of number of investor complaints for the three months ended 31st March, 2008 Beginning nil , Received 25, Disposed of 25 and Pending nil.
  4. The Board has recommended payment of dividend at the rate of 40 % for the approval of members in the ensuing Annual General Meeting.
  5. Previous year figures have been regrouped / reclassified wherever necessary.
Place: New Delhi
Date : 18 June, 2008
For Indraprastha Gas Limited
sd/-
Om Narayan
Managing Director