IGL:FINANCIAL RESULTS

1.

Net sales / Income from operations

15,416.15

13,409.59

28,992.69

24,813.16

52,087.91

2.

Other Income

229.22

102.39

444.96

183.74

528.12

3.

Total Expenditure including:

8,961.28

8,033.55

17,126.01

15,063.99

30,713.17

(a)

(Increase) / Decrease of stock in trade

(0.42)

(1.75)

(2.96)

(3.32)

(5.25)

(b)

Consumption of raw material

6,748.49

5,987.01

12,606.95

11,197.07

22,547.24

(c)

Staff Cost

357.67

260.27

671.12

469.46

1,147.38

(d)

Other expenditure

1,855.54

1,788.02

3,850.90

3,400.78

7,023.80

4.

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

6,684.09

5,478.43

12,311.63

9,932.91

21,902.86

5.

Interest

-

63.61

-

130.30

216.60

6.

Depreciation

1,502.62

1,377.79

2,999.38

2,713.32

5,652.38

7.

Profit for the period (4-5-6)

5,181.47

4,037.03

9,312.25

7,089.29

16,033.88

8.

Prior Period Income/(Expenditure)

-

(22.51)

9.

Profit before tax (7-8)

5,181.47

4,037.03

9,312.26

7,089.29

16,011.37

10.

Provision for taxation - Current Tax

1,851.97

1,422.52

3,392.97

2,572.52

5,685.00

11.

Provision for taxation - Deferred Tax

(154.90)

(88.02)

(333.21)

(209.96)

(311.01)

12.

Fringe Benefit Tax

5.57

-

10.18

23.63

13.

Net Profit (9-10-11-12)

3,478.83

2,702.53

6,242.32

4,726.73

10,613.75

14

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

14,000.02

15.

Reserves excluding revaluation reserves

-

23,869.70

16.

Basic and Diluted Earnings Per Share (Rs.) (Not annualised)

2.48

1.93

4.46

3.38

7.58

17.

Aggregate of non-promoter share holding:

-

(a)

Number of Shares

77,000,080

(b)

Percentage of Shareholding

55%

Notes

1.

The above results were approved by the Board of Directors in their meeting held on 30th October, 2006.

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.

The company has adopted the revised Accounting Standard 15-"Employee Benefits" for the first time and in accordance with this it has carried out a revised acturial valuation and basis which Rs.4.23 Lakhs (net of deffered tax) has been debited to the opening revenue reserves in accordance with the transitional provision given in the standard.

4.

"Details of number of investor complaints for the three months ended 30th September, 2006 Beginning -0 , Received -30 , Disposed off -30 and Pending -0 "

5.

The statutory auditors have carried out a limited review of the financial results for the three months ended 30th September 2006.

6.

Previous year figures have been regrouped/ reclassified wherever necessary.

Place: New Delhi
Date: 30.10.2006

For Indraprastha Gas Limited
sd/-
Om Narayan
Managing Director

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	INDRAPRASTHA GAS LIMITED Dr. Gopal Das Bhawan,14th and 15th Floor, 28 Barakhamba Road, New Delhi - 110001 Website: www.iglonline.net
UNAUDITED FINANCIAL RESULTS FOR THREE MONTHS PERIOD ENDED 30 SEPTEMBER 2006 (Pursuant to clause 41 of Listing Agreement)

S. No.	Particulars	Three months ended 30/09/2006 (Unaudited)	Three months ended 30/09/2005 (Unaudited)	Six months ended 30/09/2006 (Unaudited)	Six months ended 30/09/2005 (Unaudited)	Twelve Months ended 31/03/06 (Audited)
1.	Net sales / Income from operations	15,416.15	13,409.59	28,992.69	24,813.16	52,087.91
2.	Other Income	229.22	102.39	444.96	183.74	528.12
3.	Total Expenditure including:	8,961.28	8,033.55	17,126.01	15,063.99	30,713.17
(a)	(Increase) / Decrease of stock in trade	(0.42)	(1.75)	(2.96)	(3.32)	(5.25)
(b)	Consumption of raw material	6,748.49	5,987.01	12,606.95	11,197.07	22,547.24
(c)	Staff Cost	357.67	260.27	671.12	469.46	1,147.38
(d)	Other expenditure	1,855.54	1,788.02	3,850.90	3,400.78	7,023.80
4.	Profit before interest, depreciation and tax (1+2-3)	6,684.09	5,478.43	12,311.63	9,932.91	21,902.86
5.	Interest	-	63.61	-	130.30	216.60
6.	Depreciation	1,502.62	1,377.79	2,999.38	2,713.32	5,652.38
7.	Profit for the period (4-5-6)	5,181.47	4,037.03	9,312.25	7,089.29	16,033.88
8.	Prior Period Income/(Expenditure)	-	-	-	-	(22.51)
9.	Profit before tax (7-8)	5,181.47	4,037.03	9,312.26	7,089.29	16,011.37
10.	Provision for taxation - Current Tax	1,851.97	1,422.52	3,392.97	2,572.52	5,685.00
11.	Provision for taxation - Deferred Tax	(154.90)	(88.02)	(333.21)	(209.96)	(311.01)
12.	Fringe Benefit Tax	5.57	-	10.18		23.63
13.	Net Profit (9-10-11-12)	3,478.83	2,702.53	6,242.32	4,726.73	10,613.75
14	Paid-up Equity Share Capital (Face Value Rs 10 each)	14,000.02	14,000.02	14,000.02	14,000.02	14,000.02
15.	Reserves excluding revaluation reserves	-	-	-	-	23,869.70
16.	Basic and Diluted Earnings Per Share (Rs.) (Not annualised)	2.48	1.93	4.46	3.38	7.58
17.	Aggregate of non-promoter share holding:	-	-	-	-
(a)	Number of Shares	77,000,080	77,000,080	77,000,080	77,000,080	77,000,080
(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 30th October, 2006.
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.	The company has adopted the revised Accounting Standard 15-"Employee Benefits" for the first time and in accordance with this it has carried out a revised acturial valuation and basis which Rs.4.23 Lakhs (net of deffered tax) has been debited to the opening revenue reserves in accordance with the transitional provision given in the standard.
4.	"Details of number of investor complaints for the three months ended 30th September, 2006 Beginning -0 , Received -30 , Disposed off -30 and Pending -0 "
5.	The statutory auditors have carried out a limited review of the financial results for the three months ended 30th September 2006.
6.	Previous year figures have been regrouped/ reclassified wherever necessary.
	Place: New Delhi Date: 30.10.2006			For Indraprastha Gas Limited sd/- Om Narayan Managing Director
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