Amal Ltd 2017-18

77 ( ` 000) Note 11(a) Trade payables As at March 31, 2018 As at March 31, 2017 Related Party (refer Note 24) 696 4,767 Others (refer Note 28 for outstanding dues of micro enterprise and small enterprise) 15,634 11,841 16,330 16,608 ( ` 000) Note 11(b) Other current financial liabilities As at March 31, 2018 As at March 31, 2017 Employee benefits payable 699 707 Payable towards expenses 3,111 4,042 Retentions payable 670 454 Current maturities of long-term debt i) Loans from Related Parties (refer Note 24) 25,313 16,875 ii) 80,00,000 (1,00,00,000), (0%) redeemable and non-convertible preference shares of ` 10 each due in 12 months (refer Note 24) 8,618 17,236 38,411 39,314 ( ` 000) Note 12 Other current liabilities As at March 31, 2018 As at March 31, 2017 Advance received from customers 41 2,478 Statutory dues 3,096 1,410 3,137 3,888 ( ` 000) Note 13 Revenue from operations 2017-18 2016-17 Sale of products 1 2,97,755 2,64,980 Sale of steam 24,261 20,789 Other operating revenue Scrap sales | Other revenue 1,164 960 3,23,180 2,86,729 1 Revenue from operations for periods up to June 30, 2017 includes excise duty, which is discontinued effective July 01, 2017 upon implementation of Goods and Services Tax (GST) in India. In accordance with Ind AS 18, ‘Revenue’, GST is not included in revenue from operations. In view of the aforesaid restructuring of indirect taxes, revenue from operations for the year ended March 31, 2018 is not comparable with the previous year. Notes to the Financial Statements