Annual Report 2004-2005 of Paisalo Digital Limited

It is a broadly described annual report of Paisalo Digital Limited in the year of 2004-05. During the financial year, Total assets of the Company stood at Rs. 477,764,803.96 Crore. The Share capital of the Company stood at Rs. 31,462,500.00 Crore. Total income during the year under consideration had been Rs. 1117.78 Lacs as against last year’s Rs. 558.80 Lacs, thus giving an increase of more than 100% over last year. The profit before tax for the year under review is Rs. 549.62 Lacs as against Rs. 160.54 Lacs in the previous year. The profit after tax this year stands at Rs. 411.54 Lacs against last year’s Rs. 108.42 Lacs thus embarking a growth of 2.9 times. The remarkable performance of the company can be judged by an increase in profit after tax by 380% as compared to last year.

The Board of Directors of the Company has not recommended any dividend for the year 2004-2005.

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