Annual Report 2000-2001 of Bajaj Auto Limited

It is a broadly described annual report of Bajaj Auto Limited in the year of 2000-2001. During the financial year, The Company’s Sales have fallen by 3.2 percent from Rs. 37.05 billion in 1999-2000 to Rs. 35.88 billion in 2000-2001. Operating profits before interest, taxation and depreciation have fallen from Rs. 5.85 billion in 1999-00 to Rs. 3.05 billion in 2000-01. Profit before taxation Rs. 2,896 million. Profit after tax provision for the year Rs. 2,626 million. The company’s exports during the year under review registered a marginal decline from Rs. 1,378 million to Rs. 1,351 million (2 percent). The paid-up share capital of the company stands reduced from Rs. 1.2 billion to Rs. 1 billion as at 31^st March 2001.

The Board of Directors has recommended for consideration of shareholders at the ensuing annual general meeting, payment of a dividend of Rs. 8 per share (@80 percent), for the year ended 31^st March 2001.

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