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Andhra Bank net profit rises 8.60% in the March 2012 quarter

Capital Market/ 12:13 , May 07, 2012

Operating income rises 26.89% to Rs 2998.98 crore

Net profit of Andhra Bank rose 8.60% to Rs 339.67 crore in the quarter ended March 2012 as against Rs 312.78 crore during the previous quarter ended March 2011. Total operating income rose 26.89% to Rs 2998.98 crore in the quarter ended March 2012 as against Rs 2363.50 crore during the previous quarter ended March 2011.

For the audited full year, net profit rose 6.12% to Rs 1344.67 crore in the year ended March 2012 as against Rs 1267.07 crore during the previous year ended March 2011. Total operating income rose 36.76% to Rs 11338.73 crore in the year ended March 2012 as against Rs 8291.27 crore during the previous year ended March 2011.

ParticularsQuarter EndedYear Ended
 Mar. 2012Mar. 2011% Var.Mar. 2012Mar. 2011% Var.
Sales2998.982363.50 27 11338.738291.27 37
OPM %75.7868.19 11 75.3571.65 5
PBDT417.27408.78 2 1824.271767.07 3
PBT417.27408.78 2 1824.271767.07 3
NP339.67312.78 9 1344.671267.07 6

 



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