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UTI Bank Limited (UTI)

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Monday 16 October, 2006

UTI Bank Limited

Q2 RESULTS AS ON 30/09/2006

UTI Bank Limited
14 October 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 Banking Other Banking Operations inlcude corporate relationships, corporate advisory services,
Operations    placements and syndication, management of public issue, project 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       For the          For the   
                                    quarter       quarter     half year     half year             year
                                      ended         ended         ended         ended            ended      
                                 30-09-2006    30-09-2005    30-09-2006    30-09-2005         31-03-06
                                 
      1       Segment Revenue
      a       Treasury              1998.51       1335.38       3854.62       2552.28          5628.19
      b       Other Banking         1163.88        728.35       2239.50       1387.88          3122.17
              Operations
      c       Others                  -0.75          0.64         -1.02          0.48             1.19
              Total                 3161.64       2064.37       6093.10       3940.64          8751.55

              Less Inter segment    1906.78       1198.64       3659.82       2303.06          5133.13
              revenue

              Income from           1254.86       865.73        2433.28       1637.58          3618.42
              Operations

      2       Segment Results After Provisions & BeforeTax
      a       Treasury                94.41       104.66        103.87        194.23           415.54
      b       Other Banking          122.01        59.19        295.25        109.75           314.70
              Operations
      c       Others                  -0.69         0.61         -1.02          0.42             1.05
              Total Profit Before    215.73       164.46        398.10        304.40           731.29
              Tax

      3       Capital Employed
      a       Treasury              1550.86       1423.47       1550.86       1423.47          1573.50
      b       Other Banking         1447.65       1168.67       1447.65       1168.67          1205.36
              Operations
      c       Others                 125.74        104.99        125.74        104.99            93.33
              Total                 3124.25       2697.13       3124.25       2697.13          2872.19

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