KARNATAKA BANK LIMITED
Regd.
& Head Office, Mangalore – 575002
UNAUDITED QUARTERLY FINANCIAL
RESULTS FOR THE THREE MONTHS ENDED 30.09.2009
Rs in lakh
|
|
|
UNAUDITED |
AUDITED |
|||
|
|
|
Quarter
ended |
Half
year ended |
Year
ended |
||
|
|
|
30.09.2009 |
30.09.2008 |
30.09.2009 |
30.09.2008 |
31.03.2009 |
|
1 |
Interest
Earned (a+b+c+d) |
49437 |
46069 |
97165 |
92368 |
194876 |
|
a) |
Interest/Discount on advances/bills |
32327 |
32825 |
65506 |
66368 |
139093 |
|
b) |
Income on Investments |
17095 |
13039 |
31595 |
25579 |
54519 |
|
c) |
Interest on balances with Reserve Bank of |
13 |
108 |
49 |
292 |
552 |
|
d) |
Others |
2 |
97 |
15 |
129 |
712 |
|
2 |
Other Income
|
5354 |
5316 |
18593 |
9790 |
32179 |
|
3 |
TOTAL
INCOME (1+2)
|
54791 |
51385 |
115758 |
102158 |
227055 |
|
4 |
Interest
expended
|
43895 |
34048 |
86969 |
65760 |
144383 |
|
5 |
Operating
expenses (i+ii)
|
10234 |
8689 |
18959 |
16158 |
34651 |
|
i) |
Employees Cost
|
5308 |
4399 |
10405 |
8743 |
19041 |
|
ii) |
Other operating expenses
|
4926 |
4290 |
8554 |
7415 |
15610 |
|
6 |
TOTAL EXPENDITURE ((4+5) excluding provisions & Contingencies) |
54129 |
42737 |
105928 |
81918 |
179034 |
|
7 |
Operating
Profit before provisions & contingencies (3-6)
|
662 |
8648 |
9830 |
20240 |
48021 |
|
8 |
Provisions (other than tax)
and Contingencies
|
524 |
1462 |
2274 |
11761 |
8050 |
|
9 |
Exceptional Items
|
0 |
0 |
0 |
0 |
0 |
|
10 |
Profit (+)/Loss (-) from
Ordinary Activities before tax (7-8-9)
|
138 |
7186 |
7556 |
8479 |
39971 |
|
11 |
Tax
Expense
|
-1497 |
-174 |
1915 |
-951 |
13301 |
|
12 |
Net
Profit (+)/Loss (-) from Ordinary activities after Tax (10-11)
|
1635 |
7360 |
5641 |
9430 |
26670 |
|
13 |
Extraordinary
Items (net of tax expense)
|
0 |
0 |
0 |
0 |
0 |
|
14 |
Net
Profit (+)/Loss (-) for the period (12-13)
|
1635 |
7360 |
5641 |
9430 |
26670 |
|
15 |
Paid
up equity share capital
(Face Value Rs 10/-) |
12162 |
12148 |
12162 |
12148 |
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 |
Nil |
Nil |
|
ii) |
Capital Adequacy Ratio (%)
i) ii) |
12.55 12.93 |
13.21 NA |
12.55 12.93 |
13.21 NA |
13.54 13.48 |
|
iii) |
Earning per share (EPS) (Rs)
a) Basic EPS
|
1.34* |
6.06* |
4.64* |
7.77* |
21.96 |
|
b) Diluted EPS before Extraordinary items
(net of Tax expense) |
1.34* |
6.04* |
4.62* |
7.74* |
21.96 |
|
|
a) Basic EPS |
1.34* |
6.06* |
4.64* |
7.77* |
21.96 |
|
|
b) Diluted EPS after Extraordinary items
(net of Tax expense) * Not Annualised |
1.34* |
6.04* |
4.62* |
7.74* |
21.96 |
|
|
iv) |
NPA Ratios as on date
a) Gross NPA Net NPA |
49360 16706 |
41309 14547 |
49360 16706 |
41309 14547 |
44320 11610 |
|
b) % of Gross NPA % of Net NPA |
3.86 1.34 |
3.39 1.22 |
3.86 1.34 |
3.39 1.22 |
3.66 0.98 |
|
|
c) Return on Assets- * Not Annualised |
0.07* |
0.35* |
0.23* |
0.46* |
1.25 |
|
|
18 |
Public Shareholding -No of Shares -Percentage of Share holding |
121609178 100% |
121472518 100% |
121609178 100% |
121472518 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-ncumbered -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 |
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 September 2009 on record at their meeting held on 24TH
October 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.
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 |
58 |
58 |
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: 24th October
2009 P Jayarama Bhat
Managing Director & C.E.O.
Segmentwise Results for the quarter ended
30.09.2009 Rs in Lakhs
|
Business Segments |
3 months ended 30.09.2009 |
3 months ended 30.09.2008 |
6 months ended 30.09.2009 |
6 months ended 30.09.2008 |
Year ended 31.03.2009 |
|
|
Segment Revenue |
|
|
|
|
|
|
|
Treasury |
19282 |
15645 |
44020 |
29902 |
75351 |
|
|
Corporate /Wholesale Banking |
16871 |
17110 |
33799 |
30931 |
62908 |
|
|
Retail Banking |
17807 |
18018 |
35947 |
39875 |
85046 |
|
|
Other Banking Operations |
831 |
612 |
1992 |
1450 |
3750 |
|
|
Total |
54791 |
51385 |
115758 |
102158 |
227055 |
|
|
Segment Results |
|
|
|
|
|
|
|
Treasury |
-2668 |
-1157 |
-1364 |
-11644 |
3415 |
|
|
Corporate /Wholesale Banking |
-1155 |
2167 |
-590 |
3187 |
2172 |
|
|
Retail Banking |
3833 |
6180 |
8891 |
16686 |
33172 |
|
|
Other Banking Operations |
679 |
487 |
1684 |
1209 |
3196 |
|
|
Total |
689 |
7677 |
8621 |
9438 |
41955 |
|
|
Unallocable expenses |
551 |
491 |
1065 |
959 |
1984 |
|
|
Profit before tax |
138 |
7186 |
7556 |
8479 |
39971 |
|
|
Capital Employed |
|
|
|
|
|
|
|
(a)Treasury Operations |
79441 |
66821 |
79441 |
66821 |
76562 |
|
|
(b)Corporate Banking |
50076 |
46988 |
50076 |
46988 |
47277 |
|
|
(c)Retail Banking |
33107 |
33905 |
33107 |
33905 |
32783 |
|
|
(d) Other Banking Operations |
17 |
73 |
17 |
73 |
81 |
|
|
Total |
162641 |
147787 |
162641 |
147787 |
156703 |
|
|
Part B - Geographic Segments |
|
|
|
|
|
|
|
There is only one segment i.e.
Domestic segmment |
|
|
|
|
|