Annual Report 2016-2017 of Bajaj Auto Limited

It is a broadly described annual report of Bajaj Auto Limited in the year of 2016-2017. During the financial year, The Company’s Net sales de-grew by 3.5% to Rs. 21,374 Crore. Total operating income decreased by 3.2% to Rs. 22,026 Crore. Operating earnings before interest, taxes, depreciation, and amortization (EBITDA) reduced by 5.3% to Rs. 4,778 Crore. Operating profit reduced by 5.6% to Rs. 4,470 Crore. Profit before tax (PBT) de-grew by 3.8% to Rs. 5,336 Crore. Profit after tax (PAT) declined by 2.6% to Rs. 3,828 Crore. Surplus cash and cash equivalents as at 31^st March 2017 stood at Rs. 12,368 Crore versus Rs. 9,086 Crore as at 31^st March 2016 an increase of 36%.

The Board of Directors of Bajaj Auto has proposed a dividend of Rs. 55 per equity share (550%) for the financial year 2016-17, subject to approval by the shareholders at the annual general meeting.

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