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Earnings review: Andhra Bank Q2

  • 5:44
  • Published On: November 02, 2011
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Public sector lender Andhra Bank has reported a marginal increase of 4 per cent in net profit at Rs 316 crore for the second quarter ended September 30, 2011. A A Taj, ED of Andhra Bank, said total income grew to Rs 2,960.32 crore from Rs 2,732.23 crore. The bank’s operating profit rose 21.59 per cent and NII went up by 21.30 per cent.
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