Heritage Foods Limited | 30th Annual Report 2021-22

Financial Statements Company Overview Statutory Reports 139 The accompanying notes referred to above form an integral part of the standalone financial statements. This is the Standalone Statement of Profit and Loss referred to in our report of even date. For Walker Chandiok & Co LLP For and on behalf of Board of Directors of Chartered Accountants Heritage Foods Limited Firm’s Registration No: 001076N/N500013 N Bhuvaneswari N Brahmani M Sambasiva Rao Vice Chairperson and Executive Director President Managing Director DIN: 02338940 DIN: 00003741 Sanjay Kumar Jain Srideep Madhavan Nair Kesavan A Prabhakara Naidu Umakanta Barik Partner Chief Executive Officer Chief Financial Officer Company Secretary & Membership No: 207660 M.No.FCA 200974 Compliance Officer M.No. FCS 6317 Place : Hyderabad Place : Hyderabad Date : 27 May 2022 Date : 27 May 2022 Standalone Statement of Profit and Loss for the year ended 31 March 2022 (All amounts in ` millions, except share data and where otherwise stated) Particulars Notes For the year ended 31 March 2022 31 March 2021 Revenue from operations 25 26,429.21 24,070.29 Other income 26 103.14 84.07 Total income 26,532.35 24,154.36 Expenses Cost of materials consumed 27 20,047.04 17,795.41 Purchase of stock-in-trade 579.88 557.07 Changes in inventories of finished goods, semi finished goods, stock-in- trade and work-in-progress 28 53.56 (314.29) Employee benefit expenses 29 1,768.13 1,703.88 Finance costs 30 32.01 178.48 Depreciation and amortisation expense 6, 7 & 8 499.64 440.54 Impairment losses 6 ,7 & 9 4.24 42.67 Other expenses 31 2,103.85 1,740.62 Fair value loss on FVTPL securities - 48.12 Total expenses 25,088.35 22,192.50 Profit before exceptional items and tax 1,444.00 1,961.86 Exceptional Items 34 (91.40) - Profit before tax 1,352.60 1,961.86 Tax expense 32 Current tax expense 343.01 500.37 Deferred tax expense/(benefit) (5.75) 9.85 Profit for the year 1,015.34 1,451.64 Other comprehensive income (“OCI”) Items that will not be reclassified to profit or loss (i) Re-measurement loss on defined benefit plan, net of tax (0.20) (4.08) (ii) Net gain/(loss) on FVTOCI equity securities 0.07 (17.23) Total other comprehensive loss for the year (0.13) (21.31) Total comprehensive income for the year 1,015.21 1,430.33 Earnings per equity share [EPES] (in absolute ` terms) 33 Par value per equity share 5.00 5.00 Basic and Diluted EPES 21.88 31.29 Standalone