OPERATIONAL HIGHLIGHTS - CONSOLIDATED

  PROFIT AND LOSS ACCOUNT
(Rs. Crores)  
  2017-18 2016-17 2015-16
  Apr'17 - Mar'18 Apr'16 - Mar'17 Apr'15 - Mar'16
Sales Volume:      
Commercial Vehicles (Nos.) 65,932 58,604 51,888
Motorcycles (Nos.) 8,20,121 6,66,135 5,07,548
Net Revenue from operations - motorcycles 8,964.96 7,033.36 5,210.74
Manufacturing and other expenses 6,157.33 4,859.41 3,769.77
Earnings before interest, depreciation & tax (EBITDA) 2,807.63 2,173.95 1,440.97
EBIDTA to Net Revenue (%) 31.3% 30.9% 27.7%
Depreciation 223.30 153.81 118.03
Earnings before interest & tax (EBIT) 2,584.33 2,020.14 1,322.94
EBIT to Net Revenue (%) 28.8% 28.7% 25.4%
Finance Cost 5.34 3.56 1.57
Other Income 280.10 227.33 147.99
Share of profit of Joint venture - VECV 256.56 189.47 172.16
Profit before tax 3,115.65 2,433.38 1,641.52
Provision for taxation 935.93 720.30 459.02
Profit after taxation (PAT) 2,179.72 1,713.08 1,182.50
Share of loss of joint venture from discontinued operation - EPPL* -220.05 -46.00 -38.89
Net Profit after tax 1,959.67 1,667.08 1,143.61
Other comprehensive income 9.97 -2.43 -0.98
Total Comprehensive income 1,969.64 1,664.65 1,142.63
Total Comprehensive income including share of profits from Joint Venture from continuing operation to Net Revenue (%) 24.4% 24.3% 22.7%
Basic Earnings per Share (Rs.) 719.69 613.12 421.30
Diluted Earnings per Share (Rs.) 718.33 611.44 419.76

* The Operations of EPPL were discontinued with effect from March 9, 2018

Net Revenue from Operations
(Rs. Crores)

EBITDA
(Rs. Crores)

Total Comprehensive income including share of profits from Joint Venture from continuing operation
(Rs. Crores)