Annual Report 2013-2014 of Bajaj Finance Limited

It is a broadly described annual report of Bajaj Finance Limited in the year of 2013-14. During the financial year, the gross deployments of the Company were Rs. 26,024 Crore as against Rs. 19,367 Crore for FY2013. The receivables under financing activity as on 31^st March 2014 were Rs. 22,971 Crore as compared to Rs. 16,744 Crore as on 31^st March 2013, an increase of 37% over the previous year. Total income during FY2014 increased to Rs. 4,073 Crore from Rs. 3,110 Crore during FY2013, an increase of 31% over the previous year. The profit before tax for FY2014 was Rs. 1,091 Crore, as against Rs. 872 Crore in FY2013, an increase of 25% over the previous year. The profit after tax for the year was Rs. 719 Crore as compared to Rs. 591 Crore in FY2013, an increase of 22% over the previous year.

The Board of Directors of the Company has proposed a dividend of Rs. 16/- per equity share of the face value of Rs. 10/- (@160%) for FY2014, subject to approval by the members at the annual general meeting. Dividend paid in the previous year was Rs. 15/- per equity share (@150%).

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