Andhra Bank has reported results for fourth quarter and year ended March 31, 2015
The bank has reported over two fold jump in its net profit at Rs 185.24 crore for the quarter ended March 31, 2015 as compared to Rs 88.08 crore for the same quarter in the previous year. Total income of the bank has increased by 15.80% at Rs 4699.16 crore for quarter under review as compared to Rs 4057.89 crore for the quarter ended March 31, 2014.
For the year ended March 31, 2015, the bank has posted a jump of 46.57% in its net profit at Rs 638.44 crore as compared to Rs 435.58 crore for the same period in the previous year. Total income of the bank has surged by 14.32% at Rs 17868.45 crore for year under review as compared to Rs 15630.16 crore for the period ended March 31, 2014.
