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Quarterly Results & LRR (Clause 41)

curve investors
June 10
Financial Results for the Year ended June 30, 2010

PARTICULARS

Quarter
ended
30.6.2010
Quarter
ended
30.6.2009
Year ended
31.3.2010
(Audited)
 
Rupees in Crores
Income from Operations 2,797.13 2,792.89 11,128.88
Profit on Sale of Investments 0.00 51.31 209.40
Other Income 4.82 4.87 22.55
Total Income 2,801.95 2,849.07 11,360.83
Expenditure :


-Interest and Other Charges

- Staff Expenses

- Other Expenses

- Depreciation

 

 

 

1,719.59


45.15

66.61


4.01
 

 


1,962.80


42.52


59.86


3.97

 

 


7,063.08


146.65


216.91


18.20
Total Expenditure 1,835.36 2,069.15 7,444.84
Profit Before Tax 966.59 779.92 3,915.99
Tax Expense 272.00 215.00 1,089.50
Net Profit After Tax 694.59 564.92 2,826.49
Earnings per Share - (Rs)

- Basic

- Diluted


24.02

23.54
 

19.82

19.16


98.80

95.92
Paid-up Equity Share Capital
(Face Value Rs 10)
290.95 284.56 287.11
Reserves as at March 31     14,910.55
Public Shareholding :

- Number of Shares

- Percentage of Shareholding


29,09,51,303

100
 

28,45,60,354

100


28,71,10,222

100
Promoters and promoter group
shareholding

a)Pledged/Encumbered

- Number of Shares

- Percentage of Shares (to total promoter holding)

- Percentage of Shares (to total share capital))

b)   Non-Encumbered

- Number of Shares

- Percentage of Shares (to total promoter holding)

- Percentage of Shares (to total share capital)







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    Notes:

  1. As at June 30, 2010, the loan book stood at Rs 1,01,625 crores as against Rs 87,046 crores in the Previous Year. Loans sold during the preceding 12 months amounted to Rs 5,636 crores. The growth in loan book inclusive of loans sold is 23%.e


  2. The Corporation's main business is to provide loans for the purchase or construction of residential houses. All other activities of the Corporation revolve around the main business. As such, there are no separate reportable segments, for the Corporation, as per the Accounting Standard on Segment Reporting (AS 17), notified by the Companies (Accounting Standards) Rules, 2006.


  3. During the quarter ended June 30, 2010, the Corporation has allotted 38,41,081 equity shares of Rs 10 each pursuant to conversion of FCCBs and exercise of stock options by certain employees.


  4. There was one investor complaint that was unresolved as on April 1, 2010. During the quarter ended June 30, 2010, the Corporation received two investor complaints. All the complaints were resolved and as such there was no unresolved investor complaint as at the end of the quarter.


  5. Figures for the previous period have been regrouped wherever necessary, in order to make them comparable.

The above results for the quarter ended June 30, 2010, which have been subject to a Limited Review by the Auditors of the Corporation, were reviewed by the Audit Committee of Directors and subsequently approved by the Board of Directors at its meeting held on July 14, 2010, in terms of Clause 41 of the Listing Agreement.

 

Deepak S Parekh

Chairman