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Stock Report
UTI Bank Q1 net at Rs.174.98 Crores, up 45.15% YOY
Posted On : 2007-07-12 05:58:12( TIMEZONE : IST )
UTI Bank Ltd has announced the unaudited financial results for the quarter ended June 30, 2007.
The Bank has posted a net profit of Rs 1749.80 million for the quarter ended June 30, 2007 as compared to Rs 1205.50 million for the quarter ended June 30, 2006.
The Total Income has increased from Rs 11544.00 million for the quarter ended June 30, 2006 to Rs 18792.90 million for the quarter ended June 30, 2007.
The Bank has reported an Earnings Per Share (EPS) of Rs.6.2 for quarter ended June 30, 2007 compared to EPS of Rs.4.31 in the same quarter last year.
The Captail Adequacy Ratio of the bank stood at 11.5%.
Pursuant to the approval of the shareholders at the Extra-Ordinary General Meeting on June 25, 2007, the Bank has increased its authorized share capital from Rs 3000 million to Rs 5000 million.
The stock closed the day at Rs.635.50, up by Rs.3 or 0.47%. The stock hit an intraday high of Rs.649.40 and low of Rs.635.50. The total traded quantity was 73472 compared to 2 week average of 224877.
