Annual Report 2010-2011 of Bajaj Auto Limited

It is a broadly described annual report of Bajaj Auto Limited in the year of 2010-2011. During the financial year, The Company’s net sales and other operating income grew by over 39% to Rs. 16,609 Crore. The Company’s operating EBITDA for FY2011 grew by 30.6% over the previous year to Rs. 3,385 Crore. During the financial year, Exports accounted for Rs. 4,552 Crore (US$ 974.6 million), which accounted for 28.5% of the Company’s total net sales. Operating profit before tax (PBT) and exceptional items increased by 33% to Rs. 3,260 Crore. Profit after tax and exceptional items increased from Rs. 1,704 Crore to Rs. 3,340 Crore. The paid-up capital of the company went up from Rs. 144.68 Crore to Rs. 289.37 Crore during the year under review.

The board of directors of Bajaj Auto has proposed a dividend of Rs. 40 per equity share (400 percent) for the financial year 2010-11 on the enhanced doubled capital, subject to approval by the shareholders at the annual general meeting.

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