Archives
QUARTERLY REVIEW OF FINANCIAL RESULTS
For the quarter ended on 30th June, 2006
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|
Quarter Ended |
Year ended
31.03.2006 (Audited) |
| |
|
30.06.2006
(Reviewed) |
30.06.2005
(Reviewed) |
| 1. |
Interest earned (a) +
(b) + (c) + (d) |
65524.20 |
57361.87 |
236003.31 |
| |
a) |
Interest/ discount on
advances/ bills |
34264.37 |
25942.69 |
115346.32 |
| |
b) |
Income on Investments |
29514.44 |
30831.06 |
116505.13 |
| |
c) |
Interest on balances
with RBI and other inter-bank funds |
704.59 |
519.95 |
2524.76 |
| |
d) |
Others |
1040.80 |
68.17 |
1627.10 |
| 2. |
Other Income |
6324.33 |
10829.82 |
45696.00 |
| A. |
TOTAL INCOME (1) +
(2) |
71848.53 |
68191.69 |
281699.31 |
| 3. |
Interest Expended |
38425.25 |
32417.24 |
133951.32 |
| 4. |
Operating Expenses (e)
+ (f) |
17468.15 |
16856.85 |
83362.67 |
| |
e) |
Payments to and
provisions for employees |
12152.84 |
12339.71 |
62835.51 |
| |
f) |
Other operating
expenses |
5315.31 |
4517.14 |
20527.16 |
| B. |
TOTAL EXPENDITURE
(3) + (4) (Excluding Provision and Contingencies) |
55893.40 |
49274.09 |
217313.99 |
| C. |
OPERATING PROFIT (A)
– (B) (Profit before Provision and
Contingencies) |
15955.13 |
18917.60 |
64385.32 |
| D. |
Provisions and
Contingencies - of which provisions for non-performing assets |
8920.05
1468.00 |
8567.88
984.00 |
37128.71
13415.18 |
| E. |
Provision for taxes |
0 |
4000.00 |
6800.00 |
| F. |
NET PROFIT (C)
– (D) – (E) |
7035.08 |
6349.72 |
20456.61 |
| 5. |
Capital |
153243.08 |
181086.77 |
153243.08 |
| 6. |
Reserves excluding
revaluation reserves (as per balance sheet of the previous accounting year) |
6201.20 |
1087.05 |
6201.20 |
| 7. |
Analytical Ratios |
|
|
|
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i) |
Percentage of shares
held by Govt. of India |
100% |
100% |
100% |
| |
ii) |
Capital Adequacy Ratio |
12.38% |
17.10% |
13.12% |
| |
iii) |
Earning per share (not
annualised) |
DNA |
DNA |
DNA |
| |
iv) |
a) |
Amount of gross non-performing
assets |
75993.00 |
74657.00 |
74430.00 |
| |
|
b) |
Amount of net non-performing assets |
30600.00 |
28744.00 |
30309.00 |
| |
|
c) |
% of gross NPAs |
4.64% |
5.82% |
4.66% |
| |
|
d) |
% of net NPAs |
1.92% |
2.32% |
1.95% |
| |
v) |
Return on Assets
(annualised) (%) |
0.84% |
0.88% |
0.62% |
| (DNA
indicates - Does Not Apply) |
- The Bank is following the same accounting policies in the Quarterly Financial Statements
as were followed in the Annual Financial Statements for the year ended 31th
March 2006
- The working results for the quarter ended 30th June, 2006 have been arrived at after
making necessary provision for Non-performing Assets, Standard Assets, depreciation on
Investments wherever applicable and other usual provisions excluding Gratuity and Pension.
- Relying upon certain judicial pronouncements in computing provision for Income-tax and
accordingly in absence of taxable profit, tax has not been provided for. Such treatment in
the
Financial Statements has increased the net profit by Rs.24.00 crore for the quarter ended
June 30, 2006.
- All applicable Accounting Standards relevant to the interim financial results attached
have been adopted as per RBI guidelines.
- The Bank's operations are classified into two primary business segments viz. "
Treasury Operations " and " Banking Operations " . The relevant information
in given hereunder in the prescribed format.
Click here to view the Balance Sheet
Click here to view the Profit & Loss
Account
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