State Bank of Bikaner & Jaipur Quarterly Profits at Rs.709.52 Million, up 21.32% YOY

State Bank of Bikaner & Jaipur has announced the UnAudited Financial Results for the quarter ended June 30, 2007.

The Company has posted a profit after taxes of Rs.709.52 million for the quarter ended June 30, 2007 where as the same was at Rs.584.83 million for the quarter ended June 30, 2006. Total Income is Rs.8235.07 million for the quarter ended June 30, 2007 where as the same was at Rs.6871.15 million for the quarter ended June 30, 2006.

The company reported an Earnings Per Share (EPS) of Rs.141.9 for Quarter ended June 30, 2007 compared to Rs.116.97 reported during Q1 2006-2007.

The Capital Adequacy Ratio in Percent terms stood at 13.81 during Quarter ending June 30, 2007 compared to 11.87 during Quarter ending June 30, 2006.

The stock was trading at Rs.4800, up by Rs.69.95 or 1.48%. The stock hit an intraday high of Rs.4825 and low of Rs.4725.05. The total traded quantity was 170 compared to 2 week average of 262.

Source : Equity Bulls

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