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Allahabad Bank Q1 PAT seen up 114.30% to Rs 200.07 cr

Published on Fri, Jul 17, 2009 at 12:38 |  Source : CNBC-TV18

Updated at Fri, Jul 17, 2009 at 12:43  

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Allahabad Bank Q1 PAT seen up 114.30% to Rs 200.07 cr

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Allahabad Bank

BSE | NSE 10/02/12

Allahabad Bank is to announce its first quarter results. According to CNBC-TV18's estimates, the company's Q1FY10 net profit is seen up 114.30% from Rs 93.36 crore to Rs 200.07 crore.

Its net interest income is seen up 11.65% from Rs 495.49 crore to Rs  553.23 crore.

Q1FY10 Expectations

* Loan book to remain flat sequentially; up 15% YoY

* Margins to be  marginally lower from Q4 level of 2.97%

* Treasury gains will support earnings

  

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