STATE BANK OF INDIA

Central Office, Mumbai - 400 021.

UNAUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED 30TH JUNE 2008
(Rs.in crores)
State Bank of India
Quarter ended
30.06.2008
30.06.2007
(Reviewed)
(Reviewed)

Particulars

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

(a) Interest/discount on advances / bills
(b) Income on Investments

State Bank of India (Consolidated)

Year ended
31.03.2008
(Audited)

Quarter ended
30.06.2008
30.06.2007
(Reviewed)
(Reviewed)

Year ended
31.03.2008
(Audited)

13799.20
10013.99
3507.94

11090.50
7988.52
2598.43

48950.31
35228.11
11944.16

20224.08
14819.26
5055.22

16300.04
11851.26
3851.21

71495.82
51920.07
17406.32

207.07
70.20

496.98
6.57

1200.08
577.96

253.56
96.04

577.14
20.43

1442.55
726.88

2403.87
16203.07

1138.59
12229.09

8694.93
57645.24

3523.35
23747.43

2582.53
18882.57

18722.99
90218.81

(c) Interest on balances with Reserve Bank of India

and other inter bank funds
(d) Others
2

Other Income

TOTAL INCOME (1+2)

Interest Expended

8981.54

6889.12

31929.08

13509.96

10447.44

47944.04

Operating Expenses (i) + (ii)

3259.19
2130.95
1128.24

2978.51
2026.37
952.14

12608.61
7785.87
4822.74

5068.51
2873.78
2194.73

5085.46
2773.86
2311.60

23943.23
10457.51
13485.72

12240.73

9867.63

44537.69

18578.47

15532.90

71887.27

3962.34

2361.46

13107.55

5168.96

3349.67

18331.54

1549.47
-247.40
0.00
2412.87
772.08
1640.79
0.00
1640.79

159.37
506.24
0.00
2202.09
776.28
1425.81
0.00
1425.81

2668.65
2000.94
0.00
10438.90
3709.78
6729.12
0.00
6729.12

2640.28
-97.06
0.00
2528.68
848.65
1680.03
0.00
1680.03
39.11
1640.92

387.33
708.19
0.00
2962.34
1038.70
1923.64
0.00
1923.64
61.98
1861.66

4340.97
2804.05
0.00
13990.57
4777.73
9212.84
0.00
9212.84
252.23
8960.61

634.88

526.30

631.47

634.88

526.30

631.47

48401.19

30503.66

48401.19

60604.91

41691.86

60604.91

59.41%
12.99%

59.73%
13.13%

59.73%
13.54%

59.41%

59.73%

59.73%
13.49%

(i)

Employee cost

(ii)

Other Operating Expenses

TOTAL EXPENDITURE (4) + (5)

(excluding Provisions and Contingencies)

OPERATING PROFIT (3 - 6)
(before Provisions and Contingencies)

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

--- of which provisions for Non-performing assets

Exceptional Items

10

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

11

Tax expenses

12

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

13

Extraordinary items (net of tax expense)

14

Net Profit for the period (12-13)

15

Net Profit after Minority Interest

16

Paid-up equity share capital

Share of Minority

(Face Value of Rs. 10 per share)

17

Reserves excluding Revaluation Reserves

(as per balance sheet of previous accounting year)

18

Analytical Ratios
(i)

Percentage of shares held by Government of India

(ii)

Capital Adequacy Ratio

(iii) Earnings Per Share (EPS) (in Rs.)

(a) Basic and diluted EPS before Extraordinary items (net of tax
expense)
(b) Basic and diluted EPS after Extraordinary items

25.92

27.03

(not annualised)

(not annualised)

25.92

27.03

126.62

(not annualised)

(not annualised)

11408.12
6298.43
2.54%
1.42%
0.85%

11380.43
5504.61
3.30%
1.62%
0.94%

13599.49
7424.34
3.21%
1.78%
1.01%

257673022
40.59%

211959678
40.27%

254263176
40.27%

25.92
(not annualised)

126.62

25.92
(not annualised)

35.29
35.29
(not annualised)

(iv) NPA Ratios

(a) Amount of gross non-performing assets
(b) Amount of net non-performing assets
(c) % of gross NPAs
(d) % of net NPAs
(v)
19

Return on Assets (Annualised)

Public Shareholding
--- No. of shares
--- Percentage of Shareholding

Unaudited Segment-wise Revenue, Results and Capital Employed

(Rs.in crores)
Quarter ended
30.06.2008
30.06.2007

Particulars
1

Year ended
31.03.2008

Segment Revenue (income)

a

Treasury Operations

Corporate / Wholesale Banking Operations

Retail Banking Operations

4328.90
4413.93
7460.24
0.00
16203.07

Less Inter Segmental

Total
2

2319.17
12848.40
2938.48
12229.09

13982.33
15662.77
27654.45
0.00
57299.55

Segment Results (Profit before tax)

a

Treasury Operations

Corporate / Wholesale Banking Operations

Retail Banking Operations

Total
Add / (Less) : Unallocated
Operating Profit
Less : Tax

-816.86
1028.11
2627.93
2839.18
-426.31

-316.71
2885.37
2568.66
-366.57

2412.87
772.08

2202.09
776.28

1640.79

1425.81

13166.77
29478.56
6387.33
49032.66

3399.94

Less : Extraordinary Profit / Loss

Net Profit
3

1230.76
4961.26
5617.52
11809.54
-1370.64
10438.90
3709.78
0.00
6729.12

Capital Employed (Segment Assets - Segment Liabilities)

a

Treasury Operations

Corporate / Wholesale Banking Operations

Retail Banking Operations

Total

27898.62
31298.56

13166.77
29478.56
6387.33
49032.66

1. Capital Employed are as on 31st March of the previous year

2. The segment information is a compiled by the management and relied upon by the auditors.
The above results have been approved by the Central Board of the Bank on the 26th July 2008 and were subjected to Review by the Auditors.

Mumbai
Date : 26.07.2008

S. K. BHATTACHARYYA
Managing Director and Chief Credit & Risk Officer

168.61

(not annualised)

O. P. BHATT
Chairman
page 1 of 3.

168.61