30 Jul 2009 09:24
Β
ο»Ώ
The Executive Director,
Bombay Stock ExchangeΒ Ltd., 30.07.2009
PhirozeΒ JeejeebhoyΒ Tower,
27thΒ Floor, DalalΒ Street, CO/S&B/JAIN/2009/1346
Mumbai - 400 001
Dear Sir/Madam,
LISTING AGREEMENTΒ
REVIEWED (UNAUDITED)Β FINANCIALΒ RESULTS FOR
THEΒ Β QUARTERΒ ENDEDΒ 30thΒ JUNEΒ , 2009
In terms of Clause 41 of the Listing Agreement, we forward herewith a copy of the reviewed (unaudited) financial results of the Bank for the quarter endedΒ 30thΒ June 2009 approvedΒ by the CentralΒ Board of the Bank.
Yours faithfully,
Sd/-
(S.W.Tanksale)
General Manager
Encl. as above
Β
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STATE BANK OFΒ INDIA |
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Central Office, Mumbai - 400 021. |
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Β UNAUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED 30TH JUNE 2009 |
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(Rs.in crores) |
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State Bank ofΒ India |
State Bank ofΒ IndiaΒ (Consolidated)Β |
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Quarter ended |
Year ended |
Quarter ended |
Year ended |
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Particulars |
30.06.2009 |
30.06.2008 |
31.03.2009 |
30.06.2009 |
30.06.2008 |
31.03.2009 |
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Β |
Β |
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Β |
(Reviewed) |
(Reviewed) |
(Audited) |
(Reviewed) |
(Reviewed) |
(Audited) |
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Β |
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Β |
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Β |
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1 |
Β |
Interest Earned (a) + (b) + (c) + (d) |
17472.76 |
13799.20 |
63788.43 |
24641.11 |
20224.08 |
91667.01 |
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Β |
Β |
(a) |
Interest/discount on advances / bills |
12357.12 |
10013.99 |
46404.71 |
17733.73 |
14819.26 |
67285.12 |
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Β |
Β |
(b) |
Income on Investments |
4338.53 |
3507.94 |
15574.11 |
6006.70 |
5055.22 |
22079.30 |
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Β |
Β |
(c) |
Interest on balances with Reserve Bank ofΒ India |
Β |
Β |
Β |
Β |
Β |
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Β |
Β |
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Β and other inter bank funds |
649.09 |
207.07 |
1474.38 |
752.31 |
253.56 |
1783.50 |
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Β |
(d) |
Others |
128.02 |
70.20 |
335.23 |
148.37 |
96.04 |
519.09 |
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2 |
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Other Income |
3568.75 |
2403.87 |
12690.79 |
8491.59 |
3523.35 |
21426.08 |
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3 |
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TOTAL INCOME (1+2) |
21041.51 |
16203.07 |
76479.22 |
33132.70 |
23747.43 |
113093.09 |
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4 |
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Interest Expended |
12447.88 |
8981.54 |
42915.29 |
17524.15 |
13509.96 |
62626.46 |
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5 |
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Operating Expenses (i) + (ii) |
4919.76 |
3259.19 |
15648.70 |
10714.03 |
5068.51 |
26201.15 |
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Β |
(i)Β |
Employee cost |
3411.29 |
2130.95 |
9747.31 |
4216.64 |
2873.78 |
12626.62 |
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(ii) |
Other Operating Expenses |
1508.47 |
1128.24 |
5901.39 |
6497.39 |
2194.73 |
13574.53 |
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6 |
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TOTAL EXPENDITURE (4) + (5) |
17367.64 |
12240.73 |
58563.99 |
28238.18 |
18578.47 |
88827.61 |
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(excluding Provisions and Contingencies) |
Β |
Β |
Β |
Β |
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7 |
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OPERATING PROFIT (3 - 6)Β |
3673.87 |
3962.34 |
17915.23 |
4894.52 |
5168.96 |
24265.48 |
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(before Provisions and Contingencies) |
Β |
Β |
Β |
Β |
Β |
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8 |
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Provisions (other than tax) and Contingencies (net of write-back) |
172.73 |
1549.47 |
3734.57 |
394.40 |
2640.28 |
6000.08 |
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--- of which provisions for Non-performing assets |
1234.24 |
-247.40 |
2474.97 |
1527.45 |
-97.06 |
3616.30 |
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9 |
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Exceptional ItemsΒ |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
370.57 |
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10 |
Β |
Profit from Ordinary Activities before tax (7-8-9) |
3501.14 |
2412.87 |
14180.66 |
4500.12 |
2528.68 |
17894.83 |
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11 |
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Tax expenses |
1170.77 |
772.08 |
5059.42 |
1647.67 |
848.65 |
6721.77 |
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12 |
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Net Profit from Ordinary Activities after tax (10-11) |
2330.37 |
1640.79 |
9121.24 |
2852.45 |
1680.03 |
11173.06 |
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13 |
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Extraordinary items (net of tax expense) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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14 |
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Net Profit for the period (12-13) |
2330.37 |
1640.79 |
9121.24 |
2852.45 |
1680.03 |
11173.06 |
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Share of Minority |
0.00 |
0.00 |
0.00 |
93.92 |
39.11 |
217.78 |
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15 |
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Net Profit after Minority Interest |
2330.37 |
1640.79 |
9121.24 |
2758.53 |
1640.92 |
10955.28 |
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16 |
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Paid-up equity share capital |
634.88 |
634.88 |
634.88 |
634.88 |
634.88 |
634.88 |
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Β (Face Value of Rs. 10 per share) |
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Β |
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17 |
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Reserves excluding Revaluation Reserves |
57312.81 |
48401.19 |
57312.81 |
71755.51 |
60604.91 |
71755.51 |
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Β (as per balance sheet of previous accounting year) |
Β |
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18 |
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Analytical Ratios |
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(i) |
Percentage of shares held by Government of India |
59.41% |
59.41% |
59.41% |
59.41% |
59.41% |
59.41% |
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(ii) |
Capital Adequacy Ratio |
Β |
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BaselΒ I |
13.11% |
12.99% |
12.97% |
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BaselΒ II |
14.12% |
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14.25% |
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(iii) |
Earnings Per Share (EPS) (in Rs.) |
Β |
Β |
Β |
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(a) Basic and diluted EPS before Extraordinary items (net of taxΒ |
36.71 |
25.92 |
143.77 |
43.45 |
25.92 |
172.68 |
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expense)Β |
(not annualised) |
(not annualised) |
Β |
(not annualised) |
(not annualised) |
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(b) Basic and diluted EPS after Extraordinary items |
36.71 |
25.92 |
143.77 |
43.45 |
25.92 |
172.68 |
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(not annualised) |
(not annualised) |
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(not annualised) |
(not annualised) |
Β |
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(iv) |
NPA Ratios |
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(a) Amount of gross non-performing assets |
15318.29 |
10827.81 |
15588.60 |
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(b) Amount of net non-performing assets |
8402.48 |
6298.44 |
9552.02 |
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(c) % of gross NPAs |
2.79% |
2.42% |
2.84% |
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(d) % of net NPAs |
1.55% |
1.42% |
1.76% |
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(v) |
Return on Assets (Annualised) |
0.92% |
0.85% |
1.04% |
Β |
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19 |
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Public Shareholding |
Β |
Β |
Β |
Β |
Β |
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|
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Β |
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--- No. of shares |
257673022 |
257673022 |
257673022 |
Β |
Β |
Β |
|
Β |
Β |
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--- Percentage of Shareholding |
40.59% |
40.59% |
40.59% |
Β |
Β |
Β |
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20 |
Promotors and Promotor Group Shareholding |
Β |
Β |
Β |
Β |
Β |
Β |
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(a)Β |
Pledged/Encumbered |
Β |
Β |
Β |
Β |
Β |
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Number of Shares |
NIL |
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Β |
Β |
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Percentage of Shares (as a percentage of the total shareholdingΒ |
Β |
Β |
Β |
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of promoter and promotor group) |
Β |
Β |
Β |
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Percentage of Shares (as a percentage of the total share capitalΒ |
Β |
Β |
Β |
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of the company) |
Β |
Β |
Β |
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(b) |
Non-encumbered |
Β |
Β |
Β |
Β |
Β |
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|
Β |
Β |
Number of Shares |
377207200 |
377207200 |
377207200 |
Β |
Β |
Β |
|
|
Β |
Β |
Percentage of Shares (as a percentage of the total shareholdingΒ |
Β |
Β |
Β |
Β |
Β |
Β |
|
|
Β |
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of promoter and promotor group) |
100.00% |
100.00% |
100.00% |
Β |
Β |
Β |
|
|
Β |
Β |
Percentage of Shares (as a percentage of the total share capitalΒ |
Β |
Β |
Β |
Β |
Β |
Β |
|
|
Β |
Β |
of the company) |
59.41% |
59.41% |
59.41% |
Β |
Β |
Β |
|
|
Β |
Β |
Β |
Β |
Β |
Β |
Β |
Β |
Β |
Β |
|
Β |
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Unaudited Segment-wise Revenue, Results and Capital Employed |
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(Rs.in crores) |
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Β |
Quarter ended |
Year ended |
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|
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Β |
Β |
ParticularsΒ |
30.06.2009 |
30.06.2008 |
31.03.2009 |
|||
|
Β |
Β |
Β |
Β |
(Reviewed) |
(Reviewed) |
(Audited) |
Β |
||
|
Β |
1 |
Β |
Segment Revenue (income) |
Β |
Β |
Β |
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|
Β |
Β |
a |
Treasury Operations |
6385.43 |
4328.90 |
19838.88 |
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|
Β |
Β |
b |
Corporate / Wholesale Banking Operations |
6278.99 |
4413.93 |
24241.41 |
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|
Β |
Β |
c |
Retail Banking Operations |
8377.09 |
7460.24 |
32398.93 |
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|
Β |
Β |
Β |
Total |
21041.51 |
16203.07 |
76479.22 |
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2 |
Β |
Segment Results |
Β |
Β |
Β |
|||
|
Β |
Β |
a |
Treasury Operations |
4075.04 |
-816.86 |
3744.64 |
|||
|
Β |
Β |
b |
Corporate / Wholesale Banking Operations |
1074.85 |
1028.11 |
5071.12 |
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|
Β |
Β |
c |
Retail Banking Operations |
-1034.07 |
2627.93 |
7222.86 |
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|
Β |
Β |
Β |
Total |
4115.82 |
2839.18 |
16038.62 |
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|
Β |
Β |
Β |
Add / (Less) : Unallocated |
-614.68 |
-426.31 |
-1857.96 |
|||
|
Β |
Β |
Β |
Operating ProfitΒ |
3501.14 |
2412.87 |
14180.66 |
|||
|
Β |
Β |
Β |
Less : Income Tax |
1170.77 |
772.08 |
5059.42 |
|||
|
Β |
Β |
Β |
Less : Extraordinary Profit / Loss |
0.00 |
0.00 |
0.00 |
|||
|
Β |
Β |
Β |
Net Profit |
2330.37 |
1640.79 |
9121.24 |
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|
Β |
3 |
Β |
Capital Employed (Segment Assets - Segment Liabilities) |
Β |
Β |
Β |
|||
|
Β |
Β |
a |
Treasury Operations |
19303.77 |
13166.77 |
19303.77 |
|||
|
Β |
Β |
b |
Corporate / Wholesale Banking Operations |
15672.85 |
29478.56 |
15672.85 |
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|
Β |
Β |
c |
Retail Banking Operations |
22971.07 |
6387.33 |
22971.07 |
|||
|
Β |
Β |
Β |
Total |
57947.69 |
49032.66 |
57947.69 |
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Β |
Β |
Β |
Β |
Β |
Β |
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( Segment Assets and Liabilities are as on 31st March of the previous year ) |
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The above results have been approved by the Central Board of the Bank on the 30th July 2009 and were subjected to Review by the Auditors. |
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Mumbai |
S. K. BHATTACHARYYA |
R.SRIDHARAN |
O. P. BHATT |
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Date :Β |
30.07.2009 MD and CC & RO |
MD & GE (A&S) |
Chairman |
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|
S. K. BHATTACHARYYA
Managing Director and CC & RO
|
R. SRIDHARAN
Managing Director and GE(A&S)
|
O. P. BHATT
Chairman
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