Annual Report 2011-2012 of Hero MotoCorp Limited (India)

It is a broadly described annual report of Hero MotoCorp Limited (India) in the year of 2011-2012. During the financial year, The Company’s total sales (net of excise duty) rose 21.4% to Rs. 23,368 Crores, when compared with total sales worth Rs. 19,245 Crores recorded in the previous fiscal year. Operating Profit (PBT before Other Income) increased from Rs. 2,210 Crores to Rs. 2,521 Crores. The Company’s Earnings before Interest Depreciation and Taxes (EBITDA) margins stands at 15.35% in 2011-12. Profit before Tax increased by 19.13% from Rs. 2,405 Crores in 2010-11 to Rs. 2,865 Crores in 2011-12. The Company’s Profit after Tax (PAT) increased by 23.35% from Rs. 1,928 Crores in 2010-11 to Rs. 2,378 Crores in 2011-12. Other income registered a growth of 30.06% from Rs. 443 Crores in 2010-11 to Rs. 576 Crores in 2011-12.

The Board of Directors is pleased to recommend a Dividend of 2,250% i.e. Rs. 45 per Equity Share of the face value of Rs. 2/- per share, aggregating to Rs. 898.59 Crores (exclusive of tax on Dividend), for the financial year ended 31^st March 2012 for the shareholder’s approval.

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