22 Revenue from operations |
||||
(₹ In Crore) |
||||
Particulars |
For the year ended 31 March |
|||
2023 |
2022 |
|||
|
||||
Revenue from operations |
||||
Revenue from contracts with customers |
||||
Sale of products* |
35,391.52 |
32,135.98 |
||
Other operating revenue |
||||
Scrap sales |
28.74 |
29.25 |
||
Export incentives |
469.33 |
551.27 |
||
PSI |
45.04 |
30.50 |
||
Royalty |
231.95 |
174.58 |
||
Technical know how fees |
– |
2.65 |
||
Rent [See note 40 of standalone financial statements] |
30.63 |
26.67 |
||
Insurance claims |
1.19 |
0.49 |
||
Miscellaneous receipts |
163.52 |
91.86 |
||
Government grants |
2.65 |
2.65 |
||
Interest income on financial services to dealers |
90.81 |
98.81 |
||
1,063.86 |
1,008.73 |
|||
36,455.38 |
33,144.71 |
|||
*This includes Faster Adoption and Manufacturing of Electric Vehicles (FAME)–II subsidy receivable on sale of eligible products from Central and State Government amounting to ₹ 182.62 crore (31 March 2022: ₹ 35.24 crore). |
||||
|
||||
Revenue from contracts with customers (Goods transferred at a point in time) |
||||
India |
20,928.61 |
15,201.89 |
||
Outside India |
14,462.91 |
16,934.09 |
||
Total revenue from contracts with customers |
35,391.52 |
32,135.98 |
||
|
||||
Reconciling the amount of revenue recognised in the Statement of Profit and Loss with the contracted price |
||||
Revenue as per contracted price |
35,709.23 |
32,407.71 |
||
Adjustments: |
||||
Cash discounts and target incentives |
(309.62) |
(242.90) |
||
Sales promotion expenses |
(8.09) |
(28.83) |
||
Revenue from contracts with customers |
35,391.52 |
32,135.98 |
Statement of Profit and Loss
Note_22