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UTI Bank Limited (UTI)

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Tuesday 18 April, 2006

UTI Bank Limited

Annual Report and Accounts

UTI Bank Limited
17 April 2006


      UTI BANK

      The business of the Bank has been divided  into two segments as follows :-

      SEGMENT             PRINCIPAL ACTIVITIES

        Treasury   Treasury operations include investments in sovereign and corporate debt, equity
                   and mutual funds, trading operations, derivative trading and foreign exchange
                   operations on the proprietary account and for customers and central funding.

         Other     Other Banking Operations inlcude corporate relationships, corporate advisory
        Banking    services, placements and syndication, management of public issue, project
       Operations  appraisals, depository and capital market related services, cash management
                   services, retail assets and liability products, card services, internet banking,
                   ATM services, financial advisory services and NRI services.



                                    Segmental Results

                                                                                     (Rs in crores)
                                            For the       For the     For the  year   For the  year
                                         quarter ended quarter ended      ended          ended
                                          31-03-2006    31-03-2005     31-03-2006      31-03-2005

           1       Segment Revenue

           a       Treasury                 1638.26       1077.89       5628.19         3319.95
           b       Other Banking            942.88        607.12        3122.17         2120.33
                   Operations
           c       Others                    0.43          -9.77          1.19           -1.18
                   Total                    2581.57       1675.24       8751.55         5439.10


                   Less Inter segment       1520.85       952.82        5133.13         3099.12
                   revenue


                   Income from              1060.72       722.42        3618.42         2339.98
                   Operations

           2       Segment Results After Provisions & BeforeTax


           a       Treasury                 102.58         93.05         415.54          191.70
           b       Other Banking            127.02         85.64         314.70          313.29
                   Operations
           c       Others                    0.29          -3.00          1.05           -1.29
                   Total Profit Before      229.89        175.69         731.29          503.70
                   Tax


           3       Capital Employed

           a       Treasury                 1573.50       1377.41       1573.50         1377.41
           b       Other Banking            1205.36       929.63        1205.36          929.63
                   Operations
           c       Others                    93.33        101.15         93.33           101.15
                   Total                    2872.19       2408.19       2872.19         2408.19


      Notes:
      1. Previous period figures have been regrouped and reclassified, where necessary, to make them
      comparable with current quarter figures.




                      This information is provided by RNS
            The company news service from the London Stock Exchange