Expenses Cost of material consumed Purchase of stock in trade Change of inventories in finished goods, work in progress and stock

in trade Employees benefit expenses Finance costs Depreciation and Amortisation expense Other expenses Vehicle or dies for own use Total expenses Profit before tax Less: Tax expense - Current tax

For The Year Ended(31.03.2013) For The Year Ended(31.03.2012) (all amounts Rs million) (all amounts Rs million) 305,741 267,055 19,613 15,325 234 1,297 10,696 8,013 1,898 552 18,612 11,384 57,737 42,072 438 427 414,093 342,677 29,910 21,462 7,228 4,138

VALUE OF IMPORTED AND INDIGENOUS MATERIALS CONSUMED 2012-2013 2011-2012 Raw Materials and Components Imported Indigenous Percentage of Total Consumption Imported Indigenous 36,801 268,940 305,741 12% 88% 28,324 238,731 267,055 11% 89%

PURCHASE OF STOCK IN TRADE Traded Spares Traded Vehicles Others 2012-2013 2011-2012 19525 14431 25 862 63 32 19613 15325

CHANGE IN INVENTORIES OF FINISHED GOODS, WORK-IN-PROGRESS AND STOCK-IN-TRADE Work in progress Opening stock Acquired pursuant to a scheme of amalgamation Closing stock Vehicles - Manufactured and traded Opening stock Acquired pursuant to a scheme of amalgamation Closing stock Excise duty on increase/(decrease) of finished goods Vehicle spares and components - Manufactured and Traded Opening Stock Closing Stock

For the year ended 31.03.2013 593 199 1127 5631 51 4812 870 9 1362 1654

For the year ended 31.03.2012 457 593 4220 5631 1411 289 1323 1362

Employee Benefit Expenses Salaries, wages, allowances and other benefits Contribution provident and other funds Staff welfare expenses For the year ended 31.03.2013 9152 669 875 10696

For the year ended 31.03.2012 6660 853 500 8013

Finance Costs For the year ended 31.03.2013 Interest On: Foreign currency loans from banks Buyers' credit and export credit Deposits from dealers, contractors and others Other borrowing costs 323 908 656 11 1898

For the year ended 31.03.2012 15 273 259 5 552

DEPRECIATION & AMORTISATION EXPENSE Depreciation/amortisation on tangible assets Amortisation on intangible assets For the year ended 31.03.2013 17,711 901 18,612

For the year ended 31.03.2012 11,011 373 11,384

OTHER EXPENSES Consumption of stores Power and fuel Rent Repairs and maintenance: Plant and machinery Buildings others Insurance Rates, taxes and fees Royalty Tools Net loss on foreign currency translation Advertisement Sales promotion Warranty and product recall Transportation and distribution expenses Net loss on sale Provision for doubtful advances Provision for doubtful debt Other miscellaneous expenses For the year ended 31.03.2013 1864 4937 184 1026 188 277 136 1149 24538 2547 1519 3536 2179 544 5501 331 63 7218 57,737

For the year ended 31.03.2012 911 2295 156 531 163 210 91 826 18031 1548 1810 2781 1965 581 4631 157 21 5364 42072