Annual Report 2011-2012 of Bajaj Finance Limited

It is a broadly described annual report of Bajaj Finance Limited in the year of 2011-12. During the financial year, The Company deployed a total amount of Rs. 15,797 Crore under various products. Total income during FY2012 increased to Rs. 2,172 Crore from Rs. 1,406 Crore during FY2011, an increase of 54% over the previous year. The profit before tax for the year was Rs. 602 Crore, as against Rs. 370 Crore for the previous year, an increase of 63% over the previous year. The profit after tax for the year was Rs. 406 Crore as compared to Rs. 247 Crore for the previous year an increase of 64% over the previous year. During the year, the company increased its authorized capital from Rs. 50 Crore divided into 50,000,000 equity shares of Rs. 10 each to Rs. 75 Crore divided into 75,000,000 equity shares of Rs. 10 each.

The Board of Directors of the Company has payment of the dividend of Rs. 12/- per share of face value of Rs. 10/- each (@120%) for the year ended 31^st March 2012. The amount of dividend and tax thereon aggregates to Rs. 57.62 Crore.

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