Annual Report 2010-2011 of Bajaj Finance Limited

It is a broadly described annual report of Bajaj Finance Limited in the year of 2010-11. During the financial year, The Company deployed a total amount of Rs. 9,435 Crores under various products. The receivables under financing as on 31^st March 2011 were Rs. 7,270 Crores as compared to Rs. 4,032 Crores as on 31^st March 2010. During the year under review, the Company renewed fixed deposits of Rs.0.30 Crore. Total income during 2010-11 increased to Rs. 1,406 Crores from Rs. 916 Crores during 2009-10. The profit before tax for the year was at Rs. 370 Crores, as against Rs. 134 Crores in the previous year. The profit after tax for the year was Rs. 247 Crores as compared to Rs. 89 Crores in the previous year.

The Board of Directors of the Company has payment of the dividend of Rs. 10/- per share (@100%) for the year ended 31^st March 2011. The amount of dividend and tax thereon aggregates to Rs. 42.57 Crores.

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