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Andhra Bank Q1 net profit at Rs 77.6 cr

Published on Fri, Jul 25, 2008 at 16:53 , Updated at Mon, Jul 28, 2008 at 08:53
Source : CNBC-TV18

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Andhra Bank has announced its results for the quarter ended June 2008 (Q1). The bank's Q1 net profit was at Rs 77.6 crore versus Rs 141.1 crore.

Particulars Jun-08 Mar-08 Dec-07 Sep-07
Interest Earned / Operating Income 1157.361 1169.224 1085.688 1045.505
Interest on Advance 880.098 867.559 816.515 763.234
Income on Investment 270.886 271.704 262.573 263.598
Interest on Balances 6.377 9.821 6.415 10.984
Other Income 118.672 183.331 147.652 137.908
Total Income 1276.033 1352.555 1233.34 1183.412
Interest Expended -811.11 -826.324 -715.563 -700.774
Operating Expenses -259.652 -213.12 -229.485 -250.454
Payment/Provisions for Employees -140.649 -97.371 -116.666 -150.5
Other Operating Expenses -119.003 -115.749 -112.819 -99.954
Total Expenditure for Banks -1070.76 -1039.44 -945.048 -951.228
Profit before Tax 205.271 313.111 288.292 232.184
Tax -5 -97.5 -101.5 -70
Provisions and Contingencies -122.651 -91.36 -27.772 -10.972
Net Profit 77.62 124.251 159.021 151.213
Equity Capital 485 485 485 485

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prospects of andhra bank. is it good to accumulate now?

what are the prospects of andhra bank? is it good to accumulate now or wait for a while?...

in Andhra Bank - maanjru at 09-Oct-08 02:22

Now the GOI and Mr.P.C will look at .....

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in Andhra Bank - Leave it. at 30-Sep-08 12:05

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