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Atul Ltd | Annual Report 2017-18
(
`
cr)
Note 20 Revenue from operations
2017-18
2016-17
Sale of products
1
3,090.41
2,792.60
Sale of services
2.08
0.08
Other operating revenue:
Export incentives
43.03
44.74
Scrap sales
6.21
7.63
Processing charges
5.83
3.22
3,147.56
2,848.27
1
Revenue from operations up to June 30, 2017 includes excise duty of
`
40.07 cr and
`
154.86 cr for the year 2016-17, which
is discontinued effective July 01, 2017 upon implementation of Goods and Services Tax (GST) in India. In accordance with Ind AS
18, ‘Revenue’, GST is not included in revenue from operations. In view of the aforesaid restructuring of indirect taxes, revenue
from operations for the year ended on March 31, 2018 are not comparable with the previous year.
(
`
cr)
Note 21 Other income
2017-18
2016-17
Dividends from equity investment measured at FVOCI
3.33
2.89
Dividends from equity investment measured at cost
17.38
19.21
Dividends from investments measured at FVPL
0.45
0.17
Interest income from financial assets measured at amortised cost
2.76
3.22
Interest from others
3.51
1.84
Lease income
0.34
0.03
Gain on disposal of property, plant and equipment
0.30
3.71
Exchange rate difference – gain
2.88
–
Miscellaneous income
7.51
11.39
38.46
42.46
(
`
cr)
Note 22 Cost of materials consumed
2017-18
2016-17
Raw materials and packing materials consumed
Stocks at commencement
82.22
68.01
Add: Purchase
1,678.38
1,338.72
1,760.60
1,406.73
Less: Stocks at close
107.27
82.22
1,653.33
1,324.51
(
`
cr)
Note 23 Changes in inventories of finished goods, work-in-progress and
stock-in-trade
2017-18
2016-17
Stocks at close
Finished goods
97.54
112.03
Work-in-progress
99.11
112.76
Stock-in-trade
1.93
5.55
198.58
230.34
Less: Stocks at commencement
Finished goods
112.03
127.48
Work-in-progress
112.76
113.64
Stock-in-trade
5.55
7.10
230.34
248.22
(Increase) | Decrease in stocks
31.76
17.88
Notes
to the Financial Statements