Annual Report 1999-2000 of Bajaj Auto Limited

It is a broadly described annual report of Bajaj Auto Limited in the year of 1999-2000. During the financial year, The Company’s Total sales revenue Rs. 37,051 million compared to Rs. 35,269 million in the previous year. In 1999-2000, operating profit was Rs. 5,827 million less by Rs. 610 million compared to the previous year. The company’s profit after tax increased by 13.6 percent from Rs. 5,405 million in 1998-99 to Rs. 6,137 million in 1999-2000. The year under review saw a decline in company’s exports from Rs. 1,584 million in 1998-99 to Rs. 1,378 million i.e.by 13%. The earnings per share for the year 1999-2000 was Rs. 53.17 and cash earnings per share were Rs.65.35 as against Rs. 46.31 and Rs. 57.42 respectively for the previous year.

The Board of Directors has announced an interim dividend at Rs. 10/- per share (i.e. 100%) for the year 1999-2000. The interim dividend was paid to all the shareholders in April 2000. The amount of dividend and the tax thereon at 11% aggregated to Rs. 1,325 million.

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