Consolidated STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 275 HERITAGE FOODS LTD | 32ND ANNUAL REPORT 2023-24 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 705.94 0.50 0.15 0.13 706.72 (iii) Disputed dues - MSME - - - - - (iv) Disputed dues - Others - - - - - 769.71 0.50 0.15 0.13 770.49 24. Revenue from operations For the year ended 31 March 2024 31 March 2023 Sale of products 37,894.33 32,369.00 Sale of services 23.87 21.60 Other operating income - Sale of renewable energy certificates - 1.95 - Scrap sales and others 20.84 13.99 37,939.04 32,406.54 (i) Reconciliation of revenue from sale of products with the contracted price For the year ended 31 March 2024 31 March 2023 Revenue as per contracted price 39,335.84 33,686.16 Adjusted for: Discounts (1,416.72) (1,293.26) Sales returns (24.79) (23.90) Total revenue from contracts with customers 37,894.33 32,369.00 (ii) Revenue disaggregation geography wise is as follows: For the year ended 31 March 2024 31 March 2023 India 37,923.39 32,401.47 Other than India 15.65 5.07 37,939.04 32,406.54 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 2024 and 31 March 2023. (b) Revenue from goods or services is transferred to customers at a point in time basis. Summary of the material accounting policies and other explanatory information (All amounts in ₹ millions, except share data and where otherwise stated)
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