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.