Investor Presentaiton
ERE
PROFIT & LOSS STATEMENT (Consolidated)
Profit and Loss Account
FY19
Sales Volume: Two Wheelers (Nos.)
822,724
FY20
697,582
FY21
FY22
FY23
609,403
595,474
824,066
Q1 FY24
225,368
Total revenue from operations (net of excise)
9,797
9,154
8,720
10,298
14,442
3,986.37
Manufacturing and other expenses
6,894
6,973
6,939
8,126
10,999
2,965.53
Earnings before interest, depreciation and
2,903
2,180
1,781
2,172
3,444
1,021
tax (EBITDA)
EBITDA to Net Revenue (%)
29.6%
23.8%
20.4%
21.1%
23.8%
25.6%
Depreciation
300
382
451
452
526
142.27
Earnings before interest and tax (EBIT)
2,603
1,799
1,331
1,720
2,917
879
EBIT to Net Revenue (%)
26.6%
19.7%
15.3%
16.7%
20.2%
22.0%
Finance Cost
7
19
16
19
28
10.43
Other Income
443
543
453
441
595
243.21
Share of profit/(loss) of joint venture
258
32
31
60
315
100.44
Profit before tax
3,297
2,355
1,798
2,203
3,800
1,211.79
Provision for taxation
1,077
527
452
526
886
293.45
Profit after tax and share of profit of Joint
Venture from continuing operations
2,220
1,827
1,347
1,677
2,914
918
Discontinued Operations: Share of loss of
Joint Venture*
(18)
Profit After Tax
2,203
1,827
1,347
1,677
2,914
PAT to Net Revenue (%)
22.5%
20.0%
15.4%
16.3%
20.2%
918
23.0%
INVESTOR PRESENTATION
August 2023
All figures are in INR Crs unless specified
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