Bajaj registers best ever results in FY14

A meeting of the Board of Directors of Bajaj Auto Limited was held today to consider and approve the results for FY14. The Board of Directors recommended a dividend of INR 50 per share – 500% (previous year – 450%). The total amount of dividend and tax thereon amounts to ` 1,693 crore ( previous year –  1,523 crore ).

FY14 has been a difficult year for the automobile industry. In an environment of overall high inflation and slow economic growth, Bajaj Auto recorded its –

• Highest ever Turnover –  INR 20,856 crore
• Highest ever Exports –  INR 8,199 crore
• Highest ever Profit before tax –  INR 4,632 crore
• Highest ever Profit after tax –  INR 3,243 crore
• EBITDA margin* – 21.5%; best in the industry !