Less Ads, More Data, More Tools Register for FREE

Pin to quick picksState Bk.in.gdr Regulatory News (SBID)

Share Price Information for State Bk.in.gdr (SBID)

Share Price is delayed by 15 minutes
Get Live Data
109.60    0.60 (0.55%)
Bid:
109.60
Ask:
109.80
Spread: 0.20 (0.182%)
Market Cap: $101.17b
SBID Live PriceLast checked at - London Stock Exchange

Intraday State Bk.in.gdr Share Chart

  • This share is an international stock.

1st Quarter Results

30 Jul 2009 09:24

RNS Number : 5498W
State Bank Of India
30 July 2009
Β 

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 

ο»Ώ

Β 

Β 

Β 

Β 

STATE BANK OFΒ INDIA

Β 

Central Office, Mumbai - 400 021.

Β 

Β 

Β UNAUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED 30TH JUNE 2009

Β 

(Rs.in crores)

Β 

Β 

Β 

Β 

State Bank ofΒ India

State Bank ofΒ IndiaΒ (Consolidated)Β 

Β 

Β 

Β 

Β 

Quarter ended

Year ended

Quarter ended

Year ended

Β 

Β 

Particulars

30.06.2009

30.06.2008

31.03.2009

30.06.2009

30.06.2008

31.03.2009

Β 

Β 

Β 

Β 

(Reviewed)

(Reviewed)

(Audited)

(Reviewed)

(Reviewed)

(Audited)

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

1

Β 

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

17472.76

13799.20

63788.43

24641.11

20224.08

91667.01

Β 

Β 

(a)

Interest/discount on advances / bills

12357.12

10013.99

46404.71

17733.73

14819.26

67285.12

Β 

Β 

(b)

Income on Investments

4338.53

3507.94

15574.11

6006.70

5055.22

22079.30

Β 

Β 

(c)

Interest on balances with Reserve Bank ofΒ India

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β and other inter bank funds

649.09

207.07

1474.38

752.31

253.56

1783.50

Β 

Β 

(d)

Others

128.02

70.20

335.23

148.37

96.04

519.09

Β 

2

Β 

Other Income

3568.75

2403.87

12690.79

8491.59

3523.35

21426.08

Β 

3

Β 

TOTAL INCOME (1+2)

21041.51

16203.07

76479.22

33132.70

23747.43

113093.09

Β 

4

Β 

Interest Expended

12447.88

8981.54

42915.29

17524.15

13509.96

62626.46

Β 

5

Β 

Operating Expenses (i) + (ii)

4919.76

3259.19

15648.70

10714.03

5068.51

26201.15

Β 

Β 

(i)Β 

Employee cost

3411.29

2130.95

9747.31

4216.64

2873.78

12626.62

Β 

Β 

(ii)

Other Operating Expenses

1508.47

1128.24

5901.39

6497.39

2194.73

13574.53

Β 

6

Β 

TOTAL EXPENDITURE (4) + (5)

17367.64

12240.73

58563.99

28238.18

18578.47

88827.61

Β 

Β 

Β 

(excluding Provisions and Contingencies)

Β 

Β 

Β 

Β 

Β 

Β 

Β 

7

Β 

OPERATING PROFIT (3 - 6)Β 

3673.87

3962.34

17915.23

4894.52

5168.96

24265.48

Β 

Β 

Β 

(before Provisions and Contingencies)

Β 

Β 

Β 

Β 

Β 

Β 

Β 

8

Β 

Provisions (other than tax) and Contingencies (net of write-back)

172.73

1549.47

3734.57

394.40

2640.28

6000.08

Β 

Β 

Β 

--- of which provisions for Non-performing assets

1234.24

-247.40

2474.97

1527.45

-97.06

3616.30

Β 

9

Β 

Exceptional ItemsΒ 

0.00

0.00

0.00

0.00

0.00

370.57

Β 

10

Β 

Profit from Ordinary Activities before tax (7-8-9)

3501.14

2412.87

14180.66

4500.12

2528.68

17894.83

Β 

11

Β 

Tax expenses

1170.77

772.08

5059.42

1647.67

848.65

6721.77

Β 

12

Β 

Net Profit from Ordinary Activities after tax (10-11)

2330.37

1640.79

9121.24

2852.45

1680.03

11173.06

Β 

13

Β 

Extraordinary items (net of tax expense)

0.00

0.00

0.00

0.00

0.00

0.00

Β 

14

Β 

Net Profit for the period (12-13)

2330.37

1640.79

9121.24

2852.45

1680.03

11173.06

Β 

Β 

Β 

Share of Minority

0.00

0.00

0.00

93.92

39.11

217.78

Β 

15

Β 

Net Profit after Minority Interest

2330.37

1640.79

9121.24

2758.53

1640.92

10955.28

Β 

16

Β 

Paid-up equity share capital

634.88

634.88

634.88

634.88

634.88

634.88

Β 

Β 

Β 

Β (Face Value of Rs. 10 per share)

Β 

Β 

Β 

Β 

Β 

Β 

17

Β 

Reserves excluding Revaluation Reserves

57312.81

48401.19

57312.81

71755.51

60604.91

71755.51

Β 

Β 

Β 

Β (as per balance sheet of previous accounting year)

Β 

Β 

Β 

Β 

Β 

Β 

18

Β 

Analytical Ratios

Β 

Β 

Β 

Β 

Β 

Β 

(i)

Percentage of shares held by Government of India

59.41%

59.41%

59.41%

59.41%

59.41%

59.41%

Β 

(ii)

Capital Adequacy Ratio

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

BaselΒ I

13.11%

12.99%

12.97%

Β 

Β 

Β 

Β 

Β 

BaselΒ II

14.12%

Β 

14.25%

Β 

Β 

Β 

Β 

(iii)

Earnings Per Share (EPS) (in Rs.)

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

(a) Basic and diluted EPS before Extraordinary items (net of taxΒ 

36.71

25.92

143.77

43.45

25.92

172.68

Β 

Β 

expense)Β 

(not annualised)

(not annualised)

Β 

(not annualised)

(not annualised)

Β 

Β 

Β 

Β 

(b) Basic and diluted EPS after Extraordinary items

36.71

25.92

143.77

43.45

25.92

172.68

Β 

Β 

Β 

(not annualised)

(not annualised)

Β 

(not annualised)

(not annualised)

Β 

Β 

Β 

(iv)

NPA Ratios

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

(a) Amount of gross non-performing assets

15318.29

10827.81

15588.60

Β 

Β 

Β 

Β 

Β 

Β 

(b) Amount of net non-performing assets

8402.48

6298.44

9552.02

Β 

Β 

Β 

Β 

Β 

Β 

(c) % of gross NPAs

2.79%

2.42%

2.84%

Β 

Β 

Β 

Β 

Β 

Β 

(d) % of net NPAs

1.55%

1.42%

1.76%

Β 

Β 

Β 

Β 

Β 

(v)

Return on Assets (Annualised)

0.92%

0.85%

1.04%

Β 

Β 

Β 

Β 

19

Β 

Public Shareholding

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

--- No. of shares

257673022

257673022

257673022

Β 

Β 

Β 

Β 

Β 

Β 

--- Percentage of Shareholding

40.59%

40.59%

40.59%

Β 

Β 

Β 

Β 

20

Promotors and Promotor Group Shareholding

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

(a)Β 

Pledged/Encumbered

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Number of Shares

NIL

Β 

Β 

Β 

Β 

Β 

Percentage of Shares (as a percentage of the total shareholdingΒ 

Β 

Β 

Β 

Β 

Β 

of promoter and promotor group)

Β 

Β 

Β 

Β 

Β 

Percentage of Shares (as a percentage of the total share capitalΒ 

Β 

Β 

Β 

Β 

Β 

of the company)

Β 

Β 

Β 

Β 

Β 

(b)

Non-encumbered

Β 

Β 

Β 

Β 

Β 

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 

Β 

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 

Β 

Β 

Unaudited Segment-wise Revenue, Results and Capital Employed

Β 

(Rs.in crores)

Β 

Β 

Β 

Β 

Quarter ended

Year ended

Β 

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 

Β 

Β 

a

Treasury Operations

6385.43

4328.90

19838.88

Β 

Β 

b

Corporate / Wholesale Banking Operations

6278.99

4413.93

24241.41

Β 

Β 

c

Retail Banking Operations

8377.09

7460.24

32398.93

Β 

Β 

Β 

Total

21041.51

16203.07

76479.22

Β 

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

Β 

Β 

c

Retail Banking Operations

-1034.07

2627.93

7222.86

Β 

Β 

Β 

Total

4115.82

2839.18

16038.62

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

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

Β 

Β 

c

Retail Banking Operations

22971.07

6387.33

22971.07

Β 

Β 

Β 

Total

57947.69

49032.66

57947.69

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

( Segment Assets and Liabilities are as on 31st March of the previous year )

Β 

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.

Β 

Β 

Β 

Mumbai

S. K. BHATTACHARYYA

R.SRIDHARAN

O. P. BHATT

Β 

Date :Β 

30.07.2009 MD and CC & RO

MD & GE (A&S)

Chairman

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Β 

Notes:
1. The working results for the period ended 30th June 2009 have been arrived at after considering provisions for NPAs, Bonus, Employees’ Benefits (except Pension liability which is ascertained on the basis of actuarial valuation), Investment Depreciation, Income Tax (after adjustment for deferred tax), Wealth Tax and items other than advance related on an estimated basis. No provision has been made for Fringe Benefit Tax since the same is being abolished by Finance Bill (No.2) 2009.
Β 
2. During the period ended 30th June 2009, the Bank has increased its shareholding in Nepal SBI Bank Ltd. (NSBL) to 55.02% by further purchase of shares for Rs. 41 crores. Consequently, NSBL has become a subsidiary of the Bank w.e.f. 14.06.2009.
Β 
3. During the period ended 30th June 2009, the Bank has infused Rs. 20 crores in SBI General Insurance Company Ltd, a joint venture company. The induction of Insurance Australia Group (IAG) with 26% shareholding will be done after securing the necessary IRDA approval.
Β 
4. The bank has signed an MOU in October, 2008 with State General Reserve Fund (SGRF) of Oman, for a general purpose private equity fund. While the RBI approval has been received, the approval of Govt. of India is still awaited.
Β 
5. Pursuant to a scheme of Amalgamation approved by the Central Board at its meeting on 19th June 2009, State Bank of Indore, where SBI holds 98.05% stake, is to be merged with the Bank. The scheme is yet to be approved by the Govt. of India, RBI and other authorities. Pending such approval no effect has been given to the said scheme in the account.
Β 
6. As per Agricultural Debt Waiver and Debt Relief Scheme 2008, the amount receivable from the Central Government on account of debt waiver of Rs. 2744 crores (net of receipts from Government till date) and debt relief of Rs. 785 crores is treated as part of advances and other assets respectively in accordance with the Scheme.
Β 
7. The Eighth Bipartite Settlement entered into by the Indian Banks’ Association on behalf of the member Banks with the All India Unions of Workmen expired on 31st October 2007. Pending the execution of a new agreement, a provision of Rs. 1110 crores has been made during the period (aggregating to Rs. 3120 crores for the period November 2007 till June 2009) for the Bank’s estimated liability in respect of wage revision.
Β 
8. The figures of the current period include the working results of the branches of erstwhile State Bank of Saurashtra (SBS) consequent to its merger with the Bank in August 2008. Hence, the figures of the previous period are strictly not comparable.
Β 
Β 
9. Number of Investors Complaints received and disposed of during the quarter ended 30th June 2009:
(i) Pending at the beginning of the quarter – nil. (ii)Received during the quarter – 52.
(iii)Disposed of during the quarter – 52 (iv) Lying unresolved at the end of the quarter – nil.
Β 
10. Previous period figures have been regrouped/reclassified, wherever necessary, to conform to current period classification.
Β 
Β 
Β 

S. K. BHATTACHARYYA
Managing Director and CC & RO
R. SRIDHARAN
Managing Director and GE(A&S)
O. P. BHATT
Chairman
Β 
Β 
Β 
In terms of our Review Report of even date
Β 

R G N Price & Co.,Β Β Chartered Accountants
Β 
Β 
P.M.Veeramani
Partner : M.No.023933
Β 
S. K. MittalΒ & Co Chartered Accountants
Β 
Β 
S. K. Mittal
Partner : M.No. 008506
Vardhaman & Co., Chartered Accountants
Β 
Β 
V. Baskaran
Partner : M.No. 012202
D. P. Sen & Co.,Β Β 
Chartered Accountants
Β 
Β 
Β S. K. Biswas
Partner : M.No.062836
Β 
Jain Kapila Associates Chartered Accountants
Β 
Β 
D. K. Kapila
Partner : M.No. 016905
Datta Singla & Co.,
Chartered Accountants
Β 
Β 
Mukul Bansal
Partner : M.No. 84281
G M Kapadia & Co.,
Chartered Accountants
Β 
Β 
Rajen Ashar
Partner : M.No. 048243
A K Sabat & Co.,
Chartered Accountants
Β 
Β 
D.Vijaya kumar
Partner : M.No. 051961
Dutta Sarkar & Co.,
Chartered Accountants
Β 
Β 
B. K. Dutta
Partner : M.No. 016175
V K Jindal & Co.,
Chartered Accountants
Β 
Β 
V. K. Jindal
Partner : M.No. 070666
Guha Nandi & Co.
Chartered Accountants
Β 
Β 
Dr.B.S.Kundu
Partner : M.No. 0 51221
A R Viswanathan & Co
Chartered Accountants
Β 
Β 
A.V. Venkatachalam
Partner : M.No. 19546
Chokshi & Chokshi
CharteredΒ Accountants
Β 
Β 
Rajnikant Chokshi
Partner : M No. 7498
Gupta & Shah
CharteredΒ Accountants
Β 
Β 
Sharad Shah
Partner: M.No. 070601
Β 
Β 
Mumbai
30th July 2009.
This information is provided by RNS
The company news service from the London Stock Exchange
Β 
END
Β 
Β 
QRFWUUCUMUPBURU
Date   Source Headline
8th May 20261:46 pmRNSAnnual Financial Report
9th Feb 20267:00 amRNS3rd Quarter Results
4th Nov 202510:46 amRNSHalf-year Financial Report
8th Aug 202511:16 amRNS1st Quarter Results
6th May 20257:00 amRNSAnnual Financial Report
6th Feb 20251:19 pmRNS3rd Quarter Results
8th Nov 202410:59 amRNSHalf Yearly Financial Results
5th Aug 20247:00 amRNS1st Quarter Results
9th May 20244:10 pmRNSAnnual Financial Report
9th May 20241:43 pmRNSAnnual Financial Report
5th Feb 20247:00 amRNS3rd Quarter Results
6th Nov 20237:00 amRNSHalf-year Financial Results
4th Aug 20231:19 pmRNS1st Quarter Results
18th May 20233:46 pmRNSAnnual Financial Report
3rd Feb 20232:33 pmRNS3rd Quarter Results
7th Nov 20227:00 amRNSHalf-year Financial Results
8th Aug 20227:00 amRNS1st Quarter Results
13th May 20222:52 pmRNSAnnual Financial Results for year ended 31.03.2022
7th Feb 20227:00 amRNS3rd Quarter Results
3rd Nov 202111:28 amRNSQuarterly / Half Year Financial Results 30.09.2021
4th Aug 202111:38 amRNS1st Quarter Results
21st May 20213:11 pmRNSAnnual Financial Report
4th Feb 202110:33 amRNS3rd Quarter Results
4th Nov 20209:09 amRNSHalf-year Report
31st Jul 202011:50 amRNS1st Quarter Results
5th Jun 202012:37 pmRNSAnnual Financial Report
31st Jan 20209:05 amRNS3rd Quarter Results
25th Oct 20199:48 amRNSFinancial Results for Quarter ended 30.09.2019
2nd Aug 201910:40 amRNS1st Quarter Results
10th May 201910:16 amRNSAnnual Financial Report
1st Feb 20198:58 amRNS3rd Quarter Results
6th Nov 20187:00 amRNSHalf-year Report
10th Aug 201810:29 amRNS1st Quarter Results
22nd May 20185:42 pmRNSAnnual Financial Report
9th Feb 20181:03 pmRNS3rd Quarter Results
10th Nov 20178:12 amRNSState BAnk of India: Half-year Report 30.09.2017
11th Aug 201712:21 pmRNS1st Quarter Results
19th May 20179:11 amRNSFinal Results
10th Feb 20179:47 amRNS3rd Quarter Results
11th Nov 201610:07 amRNSFINANCIAL RESULTS FOR QUARTER 30th SEPTEMBER 2016
12th Aug 20169:12 amRNS1st Quarter Results
1st Jul 201611:36 amRNSResult of AGM
27th May 201610:33 amRNSFinal Results
16th May 201612:37 pmRNSDisclosures under SEBI Listing Regulations 2015
26th Feb 20162:06 pmRNSResult of EGM
11th Feb 20162:20 pmRNS3rd Quarter Results
30th Dec 20157:03 amRNSSEBI Listing Regulation Compliance
6th Nov 20151:50 pmRNSListing Agreement - Clause 41 : Results
24th Sep 20152:17 pmRNSListing Agreement - Clause 31(D) and 35A
25th Aug 20154:57 pmRNSPreferential Issue of equity shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.