Bajaj Auto Finance Q4 PAT rises three-fold to Rs 15 cr

Bajaj Auto Finance today said its profit after tax (PAT) grew over three-fold during the fourth quarter ended March 31, 2009, to Rs 15.06 crore over the same period a year ago.     

The company had a profit after tax of Rs 4.57 crore during the January-March quarter a year ago, Bajaj Auto Finance said in a filing to the Bombay Stock Exchange.     

Total income of the company also rose to Rs 175.80 crore during the March quarter of FY09 from Rs 141.75 crore in the corresponding quarter a year earlier.     

The company has declared a dividend of 20 per cent or Rs 2 per equity share.     

For the financial year ended March 31, 2009, Bajaj Auto Finance posted a profit after tax of Rs 33.92 crore, registering 69 per cent growth compared to Rs 20.12 crore in FY08.     

Total income of the firm during FY09 rose to Rs 599.39 crore from Rs 502.74 crore in FY08.     

Shares of Bajaj Auto Finance surged over 10 per cent and were trading at Rs 123.50 in the late afternoon trade on the BSE.