Hero MotoCorp Ltd 500182
Q4 2013 Earnings Call Transcript

Transcript Call Date 04/29/2013

Operator: Ladies and gentlemen, good day and welcome to the Hero MotoCorp Q4 Financial Year 2013 Earnings Conference Call hosted by Nirmal Bang Equities. As a reminder, for the duration of this conference, all participants' line will be in the listen-only mode. There will be an opportunity for you to ask questions at the end of today's presentation.

Please note that this conference is being recorded. At this time, I would like to hand over the conference to Mr. Hemindra Hazari from Nirmal Bang Equities. Thank you. Over to you, Sir.

Hemindra Hazari - Head of Research: Good morning everybody. On behalf of Nirmal Bang Institutional Equities, I would like to welcome all of you to the Hero MotoCorp fourth quarter and financial year '13 results conference call. I would like to handover the call over to Mr. Ravi Sud, Senior VP and CFO; and Mr. Anil Dua, Senior VP Marketing and Sales of Hero MotoCorp.

Ravi Sud - Sr. VP and CFO: Thank you Hemindra. Since the numbers are already out, maybe I suggest that we start with Q&A straightaway. Keep one thing in mind that we have got to close this conference latest by 11.55 as Anil has to a call – or he has to take a flight. His flight is at 1 p.m. So he has to leave. So we can start with the question-and-answer straightaway.

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