Company Overview Financial Statements Notice Statutory Reports 61 Rudolf Atul Chemicals Ltd | Annual Report 2023-24 (` lakhs) Note 18 Revenue from operations 2023-24 2022-23 Sale of products 13,804.01 11,037.17 Scrap sales 22.06 18.09 Revenue from contracts with customers 13,826.07 11,055.26 Other operating revenue Commission received 99.55 62.71 13,925.62 11,117.97 Reconciliation of revenue from contracts with customers recognised at contract price: (` lakhs) Particulars 2023-24 2022-23 Contract price 13,987.93 11,174.23 Adjustment for: Variable consideration1 (161.86) (118.97) Revenue from contract with customers 13,826.07 11,055.26 1Consideration payable to customers like discounts, free samples and price reductions offered to customer are estimated on specific identified basis and reduced from the contract price when the Company recognises revenue from the transfer of the related goods or services to the customer and the entity pays or promises to pay the consideration. (` lakhs) Note 19 Other income 2023-24 2022-23 Interest from inter-corporate deposits 46.23 42.93 Interest on demand deposits with banks 61.10 44.70 Liability no longer required written back 0.01 - Miscellaneous income (includes customs duty received) 2.11 10.22 109.45 97.85 (` lakhs) Note 20 Cost of materials consumed 2023-24 2022-23 Raw materials and packing materials consumed Stocks at commencement 774.33 812.67 Add: Purchases 7,758.16 6,110.53 8,532.49 6,923.20 Less: Stocks at close 652.99 774.33 7,879.50 6,148.87
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