State-run Allahabad Bank is set to report fourth quarter FY11 profit after tax of Rs 412 crore, a 83% growth as compared to Rs 225 crore in same quarter FY10.
Net interest income is likely to go up by 47% at Rs 1095 crore from Rs 743 crore on year-on-year basis.
-Advances growth at 31%
-Deposit growth at 24%
-Margins could see compression on quarter-on-quarter basis
-Non-interest income to decline due to lower fee income
-PAT could decline on quarter-on-quarter basis
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