Annual Report 2014-2015 of Hero MotoCorp Limited (India)

It is a broadly described annual report of Hero MotoCorp Limited (India) in the year of 2014-2015. During the financial year, The Company’s total sales (net of excise duty) increased by 9% to Rs. 27,351 Crores in FY 2014-15 from Rs. 25,125 Crores recorded in FY 2013-14. The Company’s operating profit (PBT before other income) also increased from Rs. 2,433 Crores in FY 2013-14 to Rs. 3,002 Crores in FY 2014-15. The Company’s Profit after Tax (PAT) increased by 13.11% from Rs. 2,109.08 Crores in FY 2013-14 to Rs. 2,385.64 Crores in FY 2014- 15. Earnings before Interest, Depreciation, and Taxes (EBIDTA) margins stood at 12.84% in FY 2014-15 as compared to 14.01% in FY 2013-14. The Company’s other income increased by 22% from Rs. 597 Crores in FY 2013-14 to Rs. 727 Crores in FY 2014-15.

The Board of Directors has recommended a Final Dividend @1,500% i.e. Rs. 30 per share for FY 2014-15.

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