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Bank Results Results of Banks in India-First Quarter ended June 2008 Dena Bank Dena Bank`s net profit has rallied 22.89 per cent to Rs 68.30 crore for the first quarter ended June 2008 as compared to Rs 55.58 crore for the corresponding period, a year ago. Profit declined by 1.40 per cent (YoY), basis from Rs 140.09 crore for the corresponding quarter in the previous year to Rs 124.12 crore for the quarter ended June, 2008. Non Performance Asset (NPA) amount of the bank declined by 24.08 per cent to Rs 570.03 crore as at the end of the quarter as compared to Rs 750.84 crore as on June 07. As on 25th July their stock closing price was Rs 47.70, their P/E was 3.8 and Mcap(Market Capitalisation) was Rs .1368crore. Their last 52 weeks High/Low was ..100/36. Syndicate Bank Syndicate Bank, the 7th largest public sector lender (in terms of total business), today reported 60.18 per cent drop in its net profit at Rs 87.89 crore for the first quarter ended June 30, 2008 compared to the corresponding quarter last year. The total income of the bank increased by 13.98 per cent to Rs 2,279 crore during the first quarter compared to the same period last year. The return on assets declined to 0.33 per cent compared to 0.98 per cent and the net non performing assets went up to 1.03 per cent as against 0.82 per cent in the year ago period. The earning per share dropped to 6.74 per cent from 16.94 per cent in the first quarter of last year. As on 25th July their stock closing price was Rs 57.10, their P/E was 3.5 and Mcap(Market Capitalisation) was Rs .2980crore. Their last 52 weeks High/Low was ..131/46. Corporation Bank The City based Public Sector Bank Corporation Bank today posted the net profit in the first quarter of the present fiscal of Rs. 184.30 crore. It has gone up from Rs. 177.11 crore in the first quarter of the last financial year. The bank’s total business in this period registered a growth of 27.33 per cent to reach Rs. 93,694 crore. The bank’s total business as on June 30, 2007 was Rs. 73,582 crore. The bank effected cash recovery of NPAs amounting to Rs. 63.18 crore as against Rs. 56.25 crore in June last. As on 25th July their stock closing price was Rs 277.20, their P/E was 5.3 and Mcap(Market Capitalisation) was Rs .3976crore. Their last 52 weeks High/Low was ..490/230. Kotak Mahindra Bank Kotak Mahindra Bank has posted a 3 per cent increase in its net profit to Rs 150 crore for the first quarter of 2008-’09 as against Rs 146 crore during the corresponding period last year. Total income rose to Rs 1,487 crore during the quarter, a 7 per cent growth from Rs 1,392 crore for the same period in the previous year. Total assets managed by the group were Rs 38,306 crore as on June 30, 2008, a growth of about 18.4 per cent. As on 25th July their stock closing price was Rs 579.05, their P/E was 20.2 and Mcap(Market Capitalisation) was Rs 19975crore. Their last 52 weeks High/Low was .1436/419. State Bank Of India State Bank of India (SBI) reported a consolidated net profit of Rs 1,640.92 crore for the first quarter ended June 30, 2008. The bank had reported a net profit of Rs 1,861.66 crore in Q1FY08.The bank's Q1FY09 total income was up 25.8% at Rs 23,747.43 crore from Rs 18,882.57 crore. As on 25th July bank stock closing price was Rs 1478.35, P/E was 10.4 and Mcap (Market Capitalisation) was Rs 93,367 crore. 52 weeks share High/Low was 2397/1007... Click here for more on SBI >>> Go To Page 2 of Bank Results >>> Go To Page 3 of Bank Results >>> Go To Page 5 of Bank Results <<< Go back to main page of bank results Click Here For Bank Directory Click Here For BANKEX Quotes Click Here For NSE Live Stock Quotes Click Here For BSE Live Stock Quotes   Web banknetindia.com

 

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