Heritage Foods Limited | 31st Annual Report 2022-23

Trade payables ageing schedule as on 31 March 2023 Less than 1 year 1-2 years 2-3 years More than 3 years Total (i) MSME 63.77 - - - 63.77 (ii) Others 384.21 0.50 0.15 0.13 384.99 (iii) Disputed dues - MSME - - - - - (iv) Disputed dues - Others - - - - - 447.98 0.50 0.15 0.13 448.76 Trade payables ageing schedule as on 31 March 2022 Less than 1 year 1-2 years 2-3 years More than 3 years Total (i) MSME 77.02 - - - 77.02 (ii) Others 441.16 0.31 0.10 0.09 441.66 (iii) Disputed dues - MSME - - - - - (iv) Disputed dues - Others - - - - - 518.18 0.31 0.10 0.09 518.68 24. Revenue from operations For the year ended 31 March 2023 31 March 2022 Sale of products 32,369.00 26,763.75 Sale of services 21.60 22.32 Other operating income - Sale of renewable energy certifi cates 1.95 11.73 - Scrap sales and others 13.99 14.99 32,406.54 26,812.79 (i) Reconciliation of revenue from sale of products with the contracted price For the year ended 31 March 2023 31 March 2022 Revenue as per contracted price 33,686.16 27,877.65 Adjusted for: Discounts (1,293.26) (1,096.79) Sales returns (23.90) (17.11) Total revenue from contracts with customers 32,369.00 26,763.75 (ii) Revenue disaggregation geography wise is as follows: For the year ended 31 March 2023 31 March 2022 India 32,401.47 26,812.79 Other than India 5.07 - 32,406.54 26,812.79 Notes: (a) The Group has no single customer from whom the revenue is more than 10% of the revenue from operations for the year ended 31 March 2023 and 31 March 2022. (b) Revenue from goods or services is transferred to customers at a point in time basis. Summary of the significant accounting policies and other explanatory information (All amounts in ` millions, except share data and where otherwise stated) 287 Consolidated | Financial Statements

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