Hero Honda Q1 net profit at Rs 272 cr

Hero Honda Motors has declared its results for the quarter ended June 2008 (Q1). The company's net profit was at Rs 272 crore versus Rs 189.8 crore.

The company's total income was at Rs 2,890 crore.

The company's Q1 net sales were up by 16.2% to Rs 2843.5 crore versus Rs 2447.9 crore. Its OPM were at 12% versus 10.76%.

The company's Q1 margins were at 12% versus 10.76% on YoY basis. Tax incidence was at 22% versus 30% (post Uttaranchal plant launch in April 8th).

Particulars	Jun-08	Mar-08	Dec-07	Sep-07
Net Sales / Interest Earned / Operating Income	2843.53	2788.65	2743.07	2352.09
Other Income	46.72	55.14	52.1	39.27
Total Income	2890.25	2843.79	2795.17	2391.36
Expenditure	-2502.49	-2376.81	-2360.47	-2060.64
Operating Profit	387.76	466.98	434.7	330.72
Interest	4.97	8.12	8.66	10.08
Profit Before Depreciation and Tax	392.73	475.1	443.36	340.8
Depreciation	-42.2	-43.48	-40.8	-38.44
Profit before Tax	350.53	431.62	402.56	302.36
Tax	-77.66	-132.92	-127.55	-98.03
Net Profit	272.87	298.7	275.01	204.33
Equity Capital	39.94	39.94	39.94	39.94