1st Quarter Results

PARTICULARS

FOR THE QUARTER

ENDED 

30.06.2008

FOR THE QUARTER

ENDED 

30.06.2007

FOR THE YEAR ENDED 

31.03.2008

(Unaudited)

(Unaudited)

(Audited)

Interest earned (a)+(b)+(c)+(d)

2,266.44

1,511.05

7,005.31

(a) Interest/discount on advances/bills

1,549.22

1,012.41

4,745.65

(b) Income on Investments

652.84

466.00

2,102.31

(c) Interest on balances with Reserve Bank of India and other inter- bank funds

50.75

19.36

107.64

(d) Others

13.63

13.28

49.71

2. Other Income

624.80

368.24

1,795.49

3. TOTAL INCOME (1+2)

2,891.24

1,879.29

8,800.80

4. Interest Expended

1,455.98

1,090.14

4,419.96

5. Operating expenses (i)+(ii)

632.94

421.21

2,154.92

(i) Employees cost

213.68

147.90

670.25

(ii) Other operating expenses

419.26

273.31

1,484.67

6. TOTAL EXPENDITURE (4)+(5) (Excluding Provisions and Contingencies)

2,088.92

1,511.35

6,574.88

7. OPERATING PROFIT (3-6) (Profit before Provisions and Contingencies)

802.32

367.94

2,225.92

8. Provisions (other than tax) and Contingencies (Net)

296.73

100.91

579.64

9. Exceptional Items

-

-

-

10. Profit/(Loss) from Ordinary Activities before Tax (7-8-9)

505.59

267.03

1,646.28

11. Tax expense

175.45

92.05

575.25

12. Net Profit/(Loss) from Ordinary Activities after Tax (10-11)

330.14

174.98

1,071.03

13. Extraordinary Items (net of tax expense)

-

-

-

14. Net Profit/(Loss) for the period (12-13)

330.14

174.98

1,071.03

15. Paid-up equity share capital 

(face value Rs. 10/- per share)

358.56

282.65

357.71

16. Reserves excluding revaluation reserves (as per balance sheet of previous accounting year)

8,410.79

17. Analytical Ratios

(i)Percentage of Shares held by Government of India

NIL

NIL

NIL

(ii)Capital Adequacy Ratio 

13.25%

11.50%

13.73%

(iii) Earnings per Share (EPS) for the period / year (before and after extraordinary items)

- Basic

- Diluted 

9.22

9.03

6.20

6.00

32.15

31.31

(iv)NPA Ratios

(a) Amount of Gross Non-performing assets

638.33

483.13

494.61

(b) Amount of Net Non-performing assets

325.66

281.21

248.29

(c) % of Gross NPAs

0.92

1.01

0.72

(d) % of Net NPAs

0.47

0.59

0.36

(e) Return on Assets (annualized)

1.19

0.94

1.24

18. Public Shareholding 

- Number of shares

- Percentage of shareholding

192,755,252

53.76%

151,152,504

53.48%

192,605,887

53.84%

Complaints at the beginning of the quarter

Received during the quarter

Disposed off during the quarter

Unresolved as on 

30.06.2008

2

90

92

-

AXIS BANK

Segmental Results

(Rs. in crores)

For the quarter ended 30-06-2008

For the quarter ended 30-06-2007

For the year ended 31-03-2008

1

Segment Revenue 

a

Treasury 

4,172.16 

2,943.18 

12,491.41 

b

Corporate/Wholesale Banking

1,555.54 

1,109.94 

4,778.01 

c

Retail Banking

1,431.10 

797.89 

4,260.23 

d

Other Banking Business

(0.16)

0.16 

(9.52)

Total

7,158.64 

4,851.17 

21,520.13 

Less Inter segment revenue

4,267.40 

2,971.88 

12,719.33 

Income from Operations

2,891.24 

1,879.29 

8,800.80 

2

Segment Results After Provisions & Before Tax

a

Treasury 

(30.88)

(20.90)

347.80 

b

Corporate/Wholesale Banking

512.75 

271.10 

1,190.02 

c

Retail Banking

23.88 

16.67 

130.64 

d

Other Banking Business

(0.16)

0.16 

(22.18)

Total Profit Before Tax

505.59 

267.03 

1,646.28 

3

Capital Employed

a

Treasury 

(1,564.42)

(5,804.88)

1,242.06 

b

Corporate/Wholesale Banking

20,202.85 

15,581.83 

18,530.45 

c

Retail Banking

(10,823.95)

(7,153.95)

(12,077.37)

d

Other Banking Business

1,308.00 

966.45 

1,073.36 

Total

9,122.48 

3,589.45 

8,768.50 

Notes:

1. Previous period figures have been regrouped and reclassified, where necessary, to make them comparable with current quarter figures.