Annual Report 2009-2010 of Bajaj Finance Limited

It is a broadly described annual report of Bajaj Finance Limited in the year of 2009-10. During the financial year, The Receivables under financing as on 31^st March 2010 were Rs. 40,258 million as compared to Rs. 25,389 million as on 31^st March 2009, an increase of 59% over the previous year. The company renewed fixed deposits of Rs. 10.1 million. Total income during 2009-10 increased to Rs. 9,162 million from Rs. 5,994 million during 2008-09, an increase of 53% over the previous year. The profit before tax for the year was at Rs. 1,343 million, as against Rs. 510 million in the previous year, an increase of 163% over the previous year. The profit after tax for the year was Rs. 894 million as compared to Rs. 339 million in the previous year, an increase of 164% over the previous year.

The Board of Directors of the Company has payment of the dividend of Rs. 6/- per share (@60%) for the year ended 31^st March 2010. The total dividend outgo including tax thereon will be Rs. 256 million.

More Annual Report of Bajaj Finance Limited: