IGL:FINANCIAL RESULTS

1.

Net Sales / Income from operations

11,455.00

10,663.40

22,093.94

20,200.66

42,620.55

2.

Other Income

69.65

6.18

111.28

90.47

860.8

3.

Total Expenditure including:

6,775.13

6,324.84

13,109.20

12,187.33

25,697.33

(a)

(Increase) / Decrease of stock in trade

(0.39)

(0.71)

(0.43)

(3.10)

(4.41)

(b)

Consumption of raw material

4,818.15

4,422.71

9,170.09

8,467.13

17,767.23

(c)

Staff Cost

159.78

246.85

415.50

451.56

893.54

(d)

Other expenditure

1,797.59

1,655.99

3,524.04

3,271.74

7,040.97

4.

Profit before interest, depreciation and tax (1+2-3)

4,749.52

4,344.74

9,096.02

8,103.80

17,784.03

5.

Interest

80.26

150.84

162.89

328.94

720.41

6.

Depreciation

1,178.58

1,055.09

2,317.53

1,969.44

4,203.72

7.

Profit before tax (4-5-6)

3,490.68

3,138.8

6,615.60

5,805.42

12,859.90

8.

Provision for taxation - Current Tax

1,270.00

775.02

2,350.00

1,483.10

12,859.90

9.

Provision for taxation - Deferred Tax

120.40

362.65

185.95

620.48

1,605.53

10.

Profit after tax (7-8-9)

2,100.28

2,001.14

4,079.65

3,701.84

8,219.37

11.

Paid-up Equity Share Capital (Face Value Rs 10 each)

2,100.28

14,000.02

12.

Reserves excluding revaluation reserves

-

11,176.41

13.

Basic & Diluted Earnings Per Share (Rs.)

1.50

1.43

2.91

2.64

5.87

14.

Aggregate of non-promoter share holding:

-

(a)

Number of Shares

77,000,088

(b)

Percentage of Shareholding

55%

Notes

1.

The above results were approved by the Board of Directors in their meeting held on 29 October 2004.

2.

The Company operates in a single segment of Natural Gas Business. In view of the general clarification issued by the Institute of Chartered Accountants of India for companies operating in single segment, 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 30th September, 2004
Beginning - 6, Received -182 , Disposed off -184 and Pending - 4 (Since Resolved)

4

The statutory auditors have carried out a limited review of the financial results for the three months ended September 30, 2004.
Previous period limited review/audit was performed by the erstwhile auditors.

5.

Previous period limited review/audit was performed by the erstwhile auditors.

Place: New Delhi
Date: 29 October 2004

For Indraprastha Gas Limited
-sd-
A.K. De
Managing Director

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	INDRAPRASTHA GAS LIMITED Dr. Gopal Das Bhawan,14th & 15th Floor, 28 Barakhamba Road, New Delhi - 1100 01 Website: www.iglonline.net
UNAUDITED FINANCIAL RESULTS FOR THE THREE MONTHS PERIOD ENDED 30TH SEPTEMBER 2004 (Pursuant to clause 41 of Listing Agreement)

S. No.	Particulars	Three months ended 30/09/2004	Three months ended 30/09/2003	Nine months Ended 30/09/2004	Nine months Ended 30/09/2003	12 months ended 31/03/2004 (Audited)
1.	Net Sales / Income from operations	11,455.00	10,663.40	22,093.94	20,200.66	42,620.55
2.	Other Income	69.65	6.18	111.28	90.47	860.8
3.	Total Expenditure including:	6,775.13	6,324.84	13,109.20	12,187.33	25,697.33
(a)	(Increase) / Decrease of stock in trade	(0.39)	(0.71)	(0.43)	(3.10)	(4.41)
(b)	Consumption of raw material	4,818.15	4,422.71	9,170.09	8,467.13	17,767.23
(c)	Staff Cost	159.78	246.85	415.50	451.56	893.54
(d)	Other expenditure	1,797.59	1,655.99	3,524.04	3,271.74	7,040.97
4.	Profit before interest, depreciation and tax (1+2-3)	4,749.52	4,344.74	9,096.02	8,103.80	17,784.03
5.	Interest	80.26	150.84	162.89	328.94	720.41
6.	Depreciation	1,178.58	1,055.09	2,317.53	1,969.44	4,203.72
7.	Profit before tax (4-5-6)	3,490.68	3,138.8	6,615.60	5,805.42	12,859.90
8.	Provision for taxation - Current Tax	1,270.00	775.02	2,350.00	1,483.10	12,859.90
9.	Provision for taxation - Deferred Tax	120.40	362.65	185.95	620.48	1,605.53
10.	Profit after tax (7-8-9)	2,100.28	2,001.14	4,079.65	3,701.84	8,219.37
11.	Paid-up Equity Share Capital (Face Value Rs 10 each)	2,100.28	14,000.02	14,000.02	14,000.02	14,000.02
12.	Reserves excluding revaluation reserves	-	-	-	-	11,176.41
13.	Basic & Diluted Earnings Per Share (Rs.)	1.50	1.43	2.91	2.64	5.87
14.	Aggregate of non-promoter share holding:	-	-	-	-	-
(a)	Number of Shares	77,000,088	77,000,088	77,000,088	77,000,088	77,000,088
(b)	Percentage of Shareholding	55%	55%	55%	55%	55%
	Notes
1.	The above results were approved by the Board of Directors in their meeting held on 29 October 2004.
2.	The Company operates in a single segment of Natural Gas Business. In view of the general clarification issued by the Institute of Chartered Accountants of India for companies operating in single segment, 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 30th September, 2004 Beginning - 6, Received -182 , Disposed off -184 and Pending - 4 (Since Resolved)
4	The statutory auditors have carried out a limited review of the financial results for the three months ended September 30, 2004. Previous period limited review/audit was performed by the erstwhile auditors.
5.	Previous period limited review/audit was performed by the erstwhile auditors.
	Place: New Delhi Date: 29 October 2004		For Indraprastha Gas Limited -sd- A.K. De Managing Director
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