Annual Report 2009-2010 of Hero MotoCorp Limited (India)

It is a broadly described annual report of Hero MotoCorp Limited (India) in the year of 2009-2010. During the financial year, The Company’s total sales (net of excise duty) increased by 27.9 percent to Rs. 15,758 Crores from Rs. 12,319 Crores in 2008-09. The Company’s earnings before interest depreciation and taxes (EBITDA) margins increased from 14.13 percent in 2008-09 to 17.45 percent in 2009-10 and the Operating profit (PBT before other income) increased by 64.16 percent from Rs. 1,568.86 Crores in 2008-09 to Rs. 2,575.48 Crores in 2009-10. Other income increased by 38.4 percent from Rs. 246 Crores in 2008-09 to Rs. 341 Crores in 2009-10.

The Board of Directors is pleased to recommend a final Dividend of @1,500% i.e. Rs. 30/- per Equity Share of the face value of Rs. 2/- per share, aggregating to Rs. 599.06 Crores (exclusive of Tax on Dividend), for the financial year ended 31^st March 2010 for the shareholders approval.

More Annual Report of Hero MotoCorp Limited (India):