Axis Bank Regs Regulatory News (AXB)

16 Oct 2006 07:00

UTI Bank Limited14 October 2006 UTI BANK The business of the bank has been divided into two segments as follows :- SEGMENT PRINCIPAL ACTIVITIES Treasury Treasury operations include investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers and central funding. Other Banking Other Banking Operations inlcude corporate relationships, corporate advisory services,Operations placements and syndication, management of public issue, project appraisals, depository and capital market related services, cash management services, retail assets and liability products, card services, internet banking, ATM services, financial advisory services and NRI services. Segmental Results (Rs in crores) For the For the For the For the For the quarter quarter half year half year year ended ended ended ended ended 30-09-2006 30-09-2005 30-09-2006 30-09-2005 31-03-06 1 Segment Revenue a Treasury 1998.51 1335.38 3854.62 2552.28 5628.19 b Other Banking 1163.88 728.35 2239.50 1387.88 3122.17 Operations c Others -0.75 0.64 -1.02 0.48 1.19 Total 3161.64 2064.37 6093.10 3940.64 8751.55 Less Inter segment 1906.78 1198.64 3659.82 2303.06 5133.13 revenue Income from 1254.86 865.73 2433.28 1637.58 3618.42 Operations 2 Segment Results After Provisions & BeforeTax a Treasury 94.41 104.66 103.87 194.23 415.54 b Other Banking 122.01 59.19 295.25 109.75 314.70 Operations c Others -0.69 0.61 -1.02 0.42 1.05 Total Profit Before 215.73 164.46 398.10 304.40 731.29 Tax 3 Capital Employed a Treasury 1550.86 1423.47 1550.86 1423.47 1573.50 b Other Banking 1447.65 1168.67 1447.65 1168.67 1205.36 Operations c Others 125.74 104.99 125.74 104.99 93.33 Total 3124.25 2697.13 3124.25 2697.13 2872.19 Notes: 1. Previous period figures have been regrouped and reclassified, where necessary, to make them comparablewith current quarter figures. This information is provided by RNS The company news service from the London Stock Exchange