Bajaj Auto Q4 FY 2008-09 net profit down by 49.79 per cent at Rs. 69 crore

Bajaj Auto Limited (BAL) reported a 49.79 per cent decline in its consolidated net profit at Rs. 69.14 crore for the financial year 2008-09, vis-a-vis Rs. 137.71 crore in the corresponding quarter last year, The board has declared a dividend of 220 per cent at the rate of Rs 22 a share for the financial year ended March 31, 2009. The consolidated total income also declined by 8.61 per cent to Rs. 1,883.27 crore in quarter under review, from Rs 2,060.61 crore in FY 2007-08.
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