Annual Report 2007-2008 of Bajaj Finance Limited

It is a broadly described annual report of Bajaj Finance Limited in the year of 2007-08. During the financial year, The Assets under Finance and Receivables as on 31^st March 2008 were Rs. 33,319 million as compared to Rs. 27,610 million as on 31^st March 2007. The total deposits of the Company mobilized during the year under review, stood at Rs. 8 million. The profit before tax for the year was at Rs. 299.8 million, as against Rs. 712.5 million in the previous year. The Company posted the profit after tax for the year was Rs. 201.2 million as compared to Rs. 472.2 million in the previous year.

The Board of Directors of the Company has payment of Dividend of Re. 1/- per Share (@10%) for the year ended 31^st March 2008 on the enhanced capital of Rs. 366 million.

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