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Andhra Bank reports decent Q1 numbers

28 Jul 2011 Evaluate

Andhra Bank has reported results for its first quarter ended June 30, 2011.

The Bank’s net profit for the quarter has rose by 20.38% at Rs 385.71 crore as compared to Rs 320.41 crore for the same quarter last year. Its total income increased by 37.52% to Rs 2851.18 crore for the quarter under review from Rs 2073.24 crore for the corresponding quarter of the previous year.

Peers
Company Name CMP
State Bank Of India 963.90
PNB 122.25
Bank Of Baroda 237.50
Canara Bank 120.05
Union Bank Of India 181.05
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