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TVS MOTOR COMPANY LIMITED

Regd office: "Jayalakshmi Estates", 29, Haddows Road, Chennai 600 006

PART I
AUDITED (STANDALONE& CONSOLIDATED) FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2012

Rs. in Crores
3 months ended Particulars 31.03.2012 Preceding 3 months ended 31.12.2011 (Unaudited) (1) Income from Operations Net sales / Income from operations (net of excise duty) Other Operating Income Total Income from operations (net) Expenditure a. Cost of materials consumed b. Purchase of stock-in-trade c. Changes in inventories of finished goods, work-in-process and stock-in-trade d. Employee benefits expense e. Depreciation and amortisation expense f. Other expenses g. Total Profit from Operations before other income, Finance Costs & Exceptional items (1-2) Other income Profit from ordinary activities before finance costs & Exceptional items (3+4) Finance Costs (net of income) Profit from ordinary activities after finance costs but before Exceptional items (5-6) Exceptional Items net (income) Profit (+) / Loss (-) from Ordinary Activities before tax (7+8) Tax expense Net Profit (+) / Loss (-) from Ordinary Activities after tax (9-10) Extraordinary Item (net of tax expense) Net Profit (+) / Loss(-) for the period (11+12) Share of profit/(loss) of Associates Minority Interest Net Profit (+) / Loss(-) after taxes,minority interest and share of profit/(loss) of associates (13+14+15) Paid up equity share capital (Face value of Re.1/- each) Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year Earnings Per Share (EPS) Basic and diluted EPS before Extraordinary items for the period, for the year to date and for the previous year (not to be annualised) (in Rs.) Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annualised) (in Rs.) PART II SELECT INFORMATION FOR THE QUARTER AND YEAR ENDED 31.03.2012 3 months ended 31.03.2012 PARTICULARS OF SHAREHOLDING Public Shareholding - Number of shares - Percentage of shareholding Promoters and Promoter Group Shareholding Pledged / Encumbered - Number of shares - Percentage of shares (as a % of the total shareholding of promoter and promoter group) - Percentage of shares (as a % of the total share capital of the company) Non - encumbered - Number of shares - Percentage of shares (as a % of the total shareholding of the promoter and promoter group) - Percentage of shares (as a % of the total share capital of the company) 3 months ended 31.03.2012 NIL 10 10 NIL Preceding 3 months ended 31.12.2011 Corresponding Year to date Previous 3 months figures for accounting year ended in current period ended previous year ended 31.03.2011 31.03.2012 31.3.2011 1602.90 24.27 1627.17 1170.54 36.73 (18.32) 94.92 31.74 244.36 1559.97 67.20 8.29 75.49 13.31 62.18 62.18 4.95 57.23 57.23 57.23 47.51 (2) 1731.29 29.63 1760.92 1304.40 35.45 (61.21) 90.48 29.51 276.48 1675.11 85.81 3.66 89.47 13.91 75.56 75.56 19.03 56.53 56.53 56.53 47.51 (3) 1608.81 26.48 1635.29 1183.72 29.66 (12.93) 82.28 24.75 255.62 1563.10 72.19 72.19 12.62 59.57 59.57 15.89 43.68 43.68 43.68 47.51 (4) 6993.97 132.23 7126.20 5132.28 143.91 (15.14) 370.11 117.53 1025.67 6774.36 351.84 21.71 373.55 57.09 316.46 316.46 67.39 249.07 249.07 249.07 47.51 1,121.79 Corresponding Year to date Previous 3 months figures for accounting year ended in current period ended previous year ended 31.03.2011 STANDALONE 31.03.2012 31.3.2011 Year to date figures for the previous year ended Previous accounting year ended

(Audited) (5) 6178.43 109.59 6288.02 4650.65 107.14 (143.88) 326.72 107.25 955.34 6003.22 284.80 35.62 320.42 72.33 248.09 248.09 53.51 194.58 194.58 194.58 47.51 951.90

31.3.2012 31.3.2011 CONSOLIDATED (Audited) (6) 7282.43 137.41 7419.84 5222.40 203.94 (23.80) 430.46 158.29 1127.73 7119.02 300.82 14.40 315.22 88.26 226.96 226.96 94.63 132.33 132.33 (0.23) (0.46) 131.64 47.51 677.77 (7) 6431.91 111.07 6542.98 4318.52 572.50 (143.27) 378.62 133.63 1059.53 6319.53 223.45 25.77 249.22 70.77 178.45 178.45 50.51 127.94 127.94 (0.36) 127.58 47.51 634.43

1.20 1.20

1.19 1.19

0.92 0.92

5.24 5.24

4.10 4.10

2.79 2.79

2.70 2.70

Particulars

193311328 40.69

193311328 40.69

193311328 40.69

193311328 40.69

193311328 40.69

281775786 100.00 59.31

281775786 100.00 59.31

281775786 100.00 59.31

281775786 100.00 59.31

281775786 100.00 59.31

Particulars INVESTOR COMPLAINTS Pending at the beginning of the quarter Received during the quarter Disposed off during the quarter Remaining unresolved at the end of the quarter

The operations of the Company relate to only one segment viz., automotive vehicles and parts The amendment to AS 11, introduced by Government of India permits the difference in foreign exchange rates relating to External Commercial Borrowings (ECB) to be added to or deducted from cost of capital assets acquired through such loans. This has been effected in the computation of above results. Exchange difference in regard to ECB other than relating to acquisition of capital assets are added to or deducted from Foreign Currency Monetary Item Translation Difference Account. Particulars of investments made by the Company during the quarter ended 31.3.2012 are as follows: A. In Subsidiaries a. Rs.10 crores towards 1,00,00,000 equity shares of Rs. 10/- each in TVS Energy Limited, Chennai. b. Rs.24.61 crores towards 5,00,000 preference shares of USD 10 each in PT. TVS Motor Company Indonesia, Jakarta. B. Others a. Rs.4 crores towards 40,00,000 Non Cumulative Redeemable Preference shares of Rs.10 each in TVS Motor Services Limited, Chennai. The board at the meeting held on 24th May 2012, declared a second interim dividend of Re 0.70 per share (70%) absorbing a sum of Rs.38.65 Crores including dividend distribution tax for the year 2011-12 and this will be paid to the shareholders on or after 12th June 2012. The board earlier declared first interim dividend of Re.0.60 per share (60%) absorbing a sum of Rs.33.13 crores including dividend distribution tax for the year 2011-12 and the same was paid on 26.03.2012. The total dividend including the first interim dividend for the year ended 31st March 2012, will aggregate to Rs. 1.30 per share (130%) on 47,50,87,114 equity shares of Re.1/- each. The directors do not recommend any further dividend for the year 2012. The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year. The consolidated financial results prepared in accordance with the Accounting Standards 21 & 23 relate to the Company, its subsidiaries and associates. Figures for the previous periods have been regrouped, wherever necessary, to conform to the current period's classification. FOR TVS MOTOR COMPANY LIMITED

Chairman

TVS MOTOR COMPANY LIMITED


Regd office: "Jayalakshmi Estates", 29, Haddows Road, Chennai 600 006
AUDITED (STANDALONE & CONSOLIDATED) FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH 2012 (Rs. in Crores)

SEGMENTWISEREVENUE,RESULTS&CAPITALEMPLOYEDUNDER CLAUSE41OFTHELISTINGAGREEMENT
S.No Particulars Consolidated Results 31.03.2012 AUDITED 8001 299 21 8321 901 7420 RsinCrores Consolidated Results 31.03.2011 AUDITED 6832 288 3 7123 580 6543

STANDALONE

CONSOLIDATED

31.03.2012 31.03.2011
Audited A) EQUITY AND LIABILITIES 1) Shareholders funds a) Shareholders Funds b) Reserves and surplus Sub-total - Shareholders' funds Share application money pending allotment Minority interest Non-current liabilities (a) Long-term borrowings (b) Deferred tax liabilities (net) (c) Long-term provisions Sub-total - Non-current liabilities Current liabilities (a) Short-term borrowings (b) Trade payables (c) Other current liabilities (d) Short-term provisions Sub-total - Current liabilities

31.03.2012

31.03.2011
1 Revenue a) Automotive Vehicles & Parts b) Automotive Components c) Others TOTAL Less: Inter-Segment Revenue
NET SALES/ INCOME FROM OPERATIONS

Audited

47.51 1121.79 1169.30 479.93 97.55 48.54 626.02 235.53 737.70 314.22 57.73 1345.18 3140.50

47.51 951.90 999.41 554.34 95.66 42.63 692.63 79.09 669.11 367.92 49.35 1165.47 2857.51

47.51 677.77 725.28 5.96 874.46 55.06 53.45 982.97 270.82 788.32 512.70 59.85 1631.69 3345.90

47.51 634.43 681.94 0.75 5.64 772.34 27.61 46.47 846.42 97.78 709.19 430.74 52.18 1289.89 2824.64

2) 3) 4)

2 Results Profit before tax and interest a) Automotive Vehicles & Parts b) Automotive Components c) Others TOTAL Less: i) Interest ii) Other unallocable expenditure net of unallocable income Profit (+) / Loss (-) before tax 3 Capital Employed a) Automotive Vehicles b) Automotive Components c) Power d)Others TOTAL

297 12 6 315 88 227

242 17 (1) 258 70 9 179

5)

TOTAL - EQUITY AND LIABILITIES


B) ASSETS 1) Non-current assets (a) Fixed assets (b) Non-current investments (c) Long-term loans and advances Sub-total - Non-current assets 2) Current assets (a) Current investments (b) Inventories (c) Trade receivables (d) Cash and cash equivalents (e) Short-term loans and advances (f) Other current assets Sub-total - Current assets

1078.08 930.92 53.20 2062.20 584.56 234.07 13.03 146.89 99.75 1078.30 3140.50

994.98 649.38 95.75 1740.11 11.75 527.92 270.62 6.01 206.28 94.82 1117.40 2857.51

1657.94 318.43 24.57 2000.94 681.38 249.32 137.48 170.84 105.94 1344.96 3345.90

1351.37 209.05 42.57 1602.99 11.75 602.53 286.08 42.73 172.14 106.42 1221.65 2824.64

1211 108 340 1659

1272 80 155 1507

TOTAL - ASSETS