Annual Report 2001-2002 of Bajaj Auto Limited

It is a broadly described annual report of Bajaj Auto Limited in the year of 2001-2002. During the financial year, The Company’s sales have increased from Rs. 35.88 billion in 2000-01 to Rs. 41.26 billion in 2001-02 a growth of 15 percent. The total turnover of Bajaj Auto for the year under review increased from Rs. 39.64 billion to Rs. 44.03 billion. Operating profit increased by 103 percent to Rs. 6.2 billion the second highest in the history of the company. The Company’s Profit after tax has virtually doubled from Rs. 2.63 billion in 2000-01 to Rs. 5.21 billion in 2001-02 an increase of 98 percent.

The board of directors of Bajaj Auto has proposed a dividend of Rs. 14 per equity share (140 percent) for the financial year ended 31^st March 2002, subject to approval by the shareholders of the company at the annual general meeting.

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