KARNATAKA BANK LIMITED
Regd. & Head Office, Mangalore – 575002
UNAUDITED QUARTERLY
FINANCIAL RESULTS FOR THE THREE MONTHS ENDED 30.06.2009
Rs
in lakh
|
|
|
UNAUDITED |
AUDITED |
|
|
|
|
Quarter
ended |
Year Ended |
|
|
|
|
30.06.2009 |
30.06.2008 |
31.03.2009 |
|
1 |
Interest
Earned (a+b+c+d) |
47728 |
46299 |
194876 |
|
a) |
Interest/Discount on
advances/bills |
33179 |
33543 |
139093 |
|
b) |
Income on Investments |
14500 |
12540 |
54519 |
|
c) |
Interest on balances with Reserve
Bank of |
36 |
184 |
552 |
|
d) |
Others |
13 |
32 |
712 |
|
2 |
Other
Income
|
13239 |
4474 |
32179 |
|
3 |
TOTAL INCOME (1+2)
|
60967 |
50773 |
227055 |
|
4 |
Interest expended
|
43074 |
31712 |
144383 |
|
5 |
Operating expenses (i+ii)
|
8725 |
7469 |
34651 |
|
i) |
Employees
Cost
|
5097 |
4344 |
19041 |
|
ii) |
Other
operating expenses
|
3628 |
3125 |
15610 |
|
6 |
TOTAL EXPENDITURE ((4+5) excluding provisions & Contingencies) |
51799 |
39181 |
179034 |
|
7 |
Operating Profit before provisions & contingencies (3-6)
|
9168 |
11592 |
48021 |
|
8 |
Provisions
(other than tax) and Contingencies
|
1750 |
10299 |
8050 |
|
9 |
Exceptional
Items
|
0 |
0 |
0 |
|
10 |
Profit (+)/Loss
(-) from Ordinary Activities before tax (7-8-9)
|
7418 |
1293 |
39971 |
|
11 |
Tax Expense
|
3412 |
-777 |
13301 |
|
12 |
Net Profit (+)/Loss (-) from Ordinary activities after Tax (10-11)
|
4006 |
2070 |
26670 |
|
13 |
Extraordinary Items (net of tax expense)
|
0 |
0 |
0 |
|
14 |
Net Profit (+)/Loss (-) for the period (12-13)
|
4006 |
2070 |
26670 |
|
15 |
Paid up equity share capital
(Face Value Rs 10/-) |
12158 |
12135 |
12158 |
|
16 |
Reserves excluding revaluation reserves (as per balance sheet of
previous accounting year)
|
|
|
144544 |
|
17 |
Analytical Ratios
|
|
|
|
|
i) |
Percentage of shares held by Government of India
|
Nil |
Nil |
Nil |
|
ii) |
Capital Adequacy Ratio (%)
i) ii) |
13.05 14.38 |
11.98 NA |
13.54 13.48 |
|
iii) |
Earning per share (EPS) (Rs)
a) Basic
EPS b) Diluted EPS before Extraordinary items (net of Tax expense) b) )
Basic EPS
Diluted EPS after Extraordinary
items (net of Tax expense) * Not Annualised |
3.30* 3.29* 3.30* 3.29* |
1.71* 1.70* 1.71* 1.70* |
21.96 21.96 21.96 21.96 |
|
iv) |
NPA Ratios as on date
a) Gross NPA Net
NPA b) % of Gross NPA % of
Net NPA c) Return on Assets- * Not
Annualised |
44712 11047 3.74 0.95 0.17* |
41671 15021 3.76 1.39 0.10* |
44320 11610 3.66 0.98 1.25 |
|
18 |
Public Shareholding -No of Shares -Percentage of Share holding |
121574878 100% |
121343548 100% |
121574878 100% |
|
19 |
Promoters and Promoter group
shareholding a) Pledged /encumbered -Number of shares - Percentage of shares(as a %
of the total shareholding of promoter and promoter group) -Percentage of shares (as a %
of the total share capital of the company. b) Non-encumbered -Number of shares - Percentage of shares(as a %
of the total shareholding of promoter and promoter group) -Percentage of shares (as a %
of the total share capital of the company. |
NA NA NA NA NA NA |
NA NA NA NA NA NA |
NA NA NA NA NA NA |
Notes:
1.The
Board of Directors has taken the above financial results for the quarter ended
30 June 2009 on record at their meeting held on 27th July 2009.
2. The
above results have been arrived at after considering usual and necessary
provisions as per RBI guidelines and in accordance with Income Tax Act and
Accounting Standards. Further provision for gratuity, pension, bonus, wage
arrears have been made on an estimated basis. No provision for fringe benefit
tax has been considered in view of proposed withdrawal of the said tax in the
Finance Bill 2009.
3. The Bank has identified
four business segments viz Treasury, Corporate and wholesale banking, Retail
Banking and Other Banking operations and the Geographic Segments consist of the
Domestic Segment only as the Bank does not have any foreign branch. The segment
results are annexed.
4. Status of the shareholders complaints is as under:
|
Complaints
pending at the beginning of the quarter |
Complaints
received during the quarter |
Complaints
redressed during the quarter |
Complaints
pending at the end of the quarter |
|
Nil |
16 |
16 |
Nil |
5. The above
results have already been subjected to Limited Review by the auditors.
6.
Corresponding previous period figures have been regrouped / rearranged wherever
necessary.
By
order of the Board
Place:
Mangalore
Date: 27th July 2009 P Jayarama Bhat
Managing
Director & C.E.O.
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Segmentwise Results for the quarter ended 30.06.2009 Rs in Lakhs |
|||
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Business Segments |
3 months ended 30.06.2009 |
3months ended 30.06.2008 |
Year ended 31.03.2009 |
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||||
|
1 |
Segment Revenue |
|
|
|
|
|
Treasury |
24738 |
14257 |
75351 |
|
|
Corporate /Wholesale Banking |
16928 |
13821 |
62908 |
|
|
Retail Banking |
18140 |
21857 |
85046 |
|
|
Other Banking Operations |
1161 |
838 |
3750 |
|
|
Total |
60967 |
50773 |
227055 |
|
2 |
Segment Results |
|
|
|
|
|
Treasury |
1304 |
-10030 |
3415 |
|
|
Corporate /Wholesale Banking |
565 |
760 |
2172 |
|
|
Retail Banking |
5058 |
10309 |
33172 |
|
|
Other Banking Operations |
1005 |
722 |
3196 |
|
|
Total |
7932 |
1761 |
41955 |
|
|
Unallocable expenses |
514 |
468 |
1984 |
|
|
Profit before tax |
7418 |
1293 |
39971 |
|
|
Capital Employed |
|
|
|
|
|
(a)Treasury Operations |
83171 |
64401 |
76562 |
|
|
(b)Corporate Banking |
45300 |
42073 |
47277 |
|
|
(c)Retail Banking |
32412 |
33597 |
32783 |
|
|
(d) Other Banking Operations |
-22 |
3 |
81 |
|
|
Total |
160861 |
140074 |
156703 |
|
|
Part B - Geographic
Segments |
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There is only one segment
i.e. Domestic segmment |
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