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Financial Results (Reviewed) for the quarter ended 30 June, 2007

 
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      (Rs. in crore)
  Particulars Year ended Year ended
    31-03-2007 31-03-2006
1 Net Income from Operations 4662.53 3733.19
2 Other Income 13.98 51.33
3 Total Expenditure    
     a) Staff Cost * 470.66 280.27
     b) Other Expenditure 119.87 114.09
4 Interest Expenses 2893.37 2196.36
5 Depreciation 22.66 22.31
6 Gross Surplus before taxation (1+2-3-4-5) 1169.95 1171.49
7 Provision for Taxation 313.53 314.23
8 Surplus after Taxation (6-7) 856.42 857.26
9 Contribution to NRC Funds and Special Reserve u/s 36(1)(viii) of IT Act, 1961 # 450.00 490.00
10 Surplus after contribution to NRC Funds and Special Reserve 479.36 528.96
11 Paid-up Capital 2000.00 2000.00
12 Reserves (excluding revaluation reserve)    
   a) General Reserve 4313.69 3859.80
   b) Other Reserves 3488.72 3114.67
   c) National Rural Credit Funds 14747.00 14705.00
 
 
# There is no outside obligation on these Funds.
*Salary Expenditure during 2006-07 includes arrears of salaries pertaining to the period
from 01.11.2002 to 31.03.2006
 
Notes :
1) Previous year's figures regrouped and recast wherever necessary.
2) The net income from operation is reported after accounting for provision for assets.
3) The above financial results were taken on record by the Executive Committee at their meeting held on 20 July 2007
4) The effect of deferred tax will be given at the year end 31st March 2008
 
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