Yamaha Directorate Report

2 DIRECTORS REPORT & MANAGEMENT ANALYSIS INDUSTRY STRUCTURE AND DEVELOPMENTS Riding on the back of economic growing, easy availability of finance, fiscal stimulus measures and constitute of new models, the house servant auto industry recorded a growth of 26% in 2009-10. The performance as per Society of Indian Automobile Manufacturers (SIAM) is: vehicles sell Growth Category 2008-09 2009-10 2009-10 In numbers % Passenger Car 1,552,010 1,968,497 26.84 usefulness Vehicle 228,655 275,556 20.51 Multi Purpose Vehicle 107,767 151,869 40.92 Medium & Heavy Commercial Vehicle 200,314 265,481 32.53 Light Commercial Vehicle 226,505 310,921 37.27 Scooters / Scooterettee 1,173,823 1,492,632 27.16 Motor cycles 6,802,971 8,444,243 24.13 Mopeds 438,514 571,489 30.32 Three Wheelers 497,793 613,650 23.27 Total 11,228,352 14,094,338 25.52 nix unforeseen circumstances, the vehicle industry is expected to grow 10% to 15% during next financial year. OPERATIONS During 2009-10, increase of sales to domestic vehicle manufacturers and sales of fall out management products, sintered components & railway products change magnitude our companys domestic sales from Rs.4,766 million to Rs.6,338 million, a growth of 33%.

referable to the continuation of recession in the countries where we export, our export turnover diminish from Rs.1,375 million to Rs.1,086 million. Overall, the total sales increased to Rs.7,424 million from Rs.6,141 million, a growth of 21%. In 2009-10, due to effective cost get the hang measures carried out by the company, the profit before interest and depreciation has increased from Rs.378 million to Rs.943 million, and Profit After Tax has gone up from a loss of Rs.300 million to a profit of Rs.255 million. repayable to the Indian Rupee having strengthened substantially against Euro and to certain extent against US Dollar, the export realisation will be affected. The financial crisis in Europe, our Companys largest export market is also a worrisome factor.... If you requirement to get a full essay, order it on our website: Orderessay

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