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143

(

`

cr)

NOTE 22 REVENUE FROM OPERATIONS

2014-15

2013-14

Sale of products

2,782.02

2,554.89

Sale of services

0.21

0.89

Other operating revenue:

Export incentives

34.38

47.62

Scrap sales

6.01

5.22

Commission

0.26

0.20

Processing charges

4.59

5.48

2,827.47

2,614.30

Less: Excise duty

171.08

156.55

2,656.39

2,457.75

(

`

cr)

NOTE 23 OTHER INCOME

2014-15

2013-14

Dividend on long-term investments *

1.97

23.41

Dividend on short-term investments

0.14

0.02

Interest from others

0.48

1.09

Provisions no longer required

1.62

4.53

Surplus on sale of fixed assets

1.39

0.39

Exchange rate difference gain | (loss) (net)

(0.02)

3.25

Profit on sale of investment

1.58

Miscellaneous income

3.09

3.58

10.25

36.27

* Previous year includes a one-time special dividend of

`

19.86 cr received from a Company.

(

`

cr)

NOTE 24 CHANGES IN INVENTORIES OF FINISHED GOODS,

WORK-IN-PROGRESS AND STOCK-IN-TRADE

2014-15

2013-14

Stocks at close

Finished goods

159.53

181.39

Work-in-progress

115.27

106.81

Stock-in-trade

4.46

3.05

279.26

291.25

Less: Stocks at commencement

Finished goods

181.39

146.51

Work-in-progress

106.81

74.75

Stock-in-trade

3.05

2.75

291.25

224.01

11.99

(67.24)

Excise duty variation on opening | closing stocks

(1.03)

2.72

(Increase) | Decrease in inventories

10.96

(64.52)

Notes

to the Consolidated Financial Statements