IGL / Q3-FY25 / risks

Keep the risk register visible.

Indraprastha Gas · Material risks, their source context, and severity in the latest available quarter.

Research layer active

ConCallIQ research layer

Signal, with the source still visible.

Use the controls below to narrow the view, then follow the evidence into the next layer of context.

WatchQ3-FY25 · 2025-01-28Back to quarter ↗

Risk intelligence

Material risks this quarter

Further APM gas supply cuts

Management acknowledged that future APM allocations depend on domestic production, which tends to decline over time, posing a risk to gas sourcing costs.

high

EV adoption impacting CNG demand

An analyst raised concerns about EV growth reducing CNG vehicle additions, especially in high-consumption segments like buses. Management countered that CNG is growing fastest among fuels.

medium

Gurgaon GA legal dispute

The ongoing sub judice matter with APTEL regarding the remaining Gurgaon GA area remains unresolved, delaying expansion. Management declined to comment due to legal proceedings.

medium

High RLNG spot prices during supply crunch

During the APM cut, IGL had to source expensive spot RLNG at $14-15/MMBtu, which was unsustainable and forced deliberate volume reduction.

medium