Annual Report 2010-2011 of Paisalo Digital Limited

It is a broadly described annual report of Paisalo Digital Limited in the year of 2010-11. During the financial year, Total assets of the Company stood at Rs. 9,674,319,482 Crore. The Share capital of the Company stood at Rs. 430,662,500 Crore. Total income for the financial year ended 31^st March 2011 increased to Rs. 18143.66 Lacs from Rs. 8816.56 Lacs in the last year registering a growth of over 106%. The operating profit of the Company increased by 107% to Rs. 15238.07 Lacs during the year, up from Rs. 7346.88 Lacs in the last year. The profit before tax for the year under review is Rs. 8608.63 Lacs as against Rs. 3233.97 Lacs in the previous year. The Net Profit for the year increased by 131% to Rs. 6081.59 Lacs from Rs. 2633.55 Lacs in the last year. The Company’s Net Worth as on 31^st March 2011 stood at Rs. 34984.14 Lacs, as against Rs. 30076.40 Lacs in the last year.

The Board of Directors of the Company has declared an Interim dividend of @10% (Rs. 0.20/- per share) on the equity share capital of the Company in the month of July 2010. The Directors recommend that the aforesaid interim dividend of Re. 0.20/- per share be declared as final dividend for the year ended 31^st March 2011.

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