Hero Moto Corp

“”HERO MOTO CORP””

Group “S3R”
Shresth Kashyap
Sushobhan Das
Rajesh Verma
Saikat Das

ANNUAL Report (hero Moto Corp)

Director Report Mar 2012
The, the Directors of Hero Moto Corp Ltd., are delighted to present the 29th Annual Report for the financial year 2011-12. The Report is being presented along with the Audited Statement of Accounts of the Company for the financial year ended March 31, 2012, of its first complete financial year since embarking its solo journey. FINANCIAL RESULTS

Rs. crores

Particulars For theyear ended

March 31, 2012 March 31, 2011

Gross Sales of Products 25,024.04 20,662.39

Total Revenue 23,943.60 19,687.55

Profit before Finance Costs & Depreciation 3,983.35 2,822.31

Less: Finance Costs 21.30 15.17

Depreciation 1,097.34 402.38

Profit before tax (PBT) 2,864.71 2,404.76 Less: Provision for tax

- Current 569.76 475.76

- Deferred -38.51 94.02

- Minimum Alternate Tax Credit -44.67 -92.92

Profit after tax (PAT) 2,378.13 1,927.90

Add: Balance of profit brought forward 1,444.80 2,146.55

Balance available for appropriation 3,822.93 4,074.45