SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Andhra Bank reports net loss of Rs 385.11 crore in Q2

03 Nov 2017 Evaluate

Andhra Bank has reported results for second quarter ended September 30, 2017.

The Bank has reported a net loss of Rs 385.11 crore for the quarter under review as compared to a net profit of Rs 51.42 crore for the same quarter in the previous year. Total income of the Bank was down by 0.74% at Rs 5005.34 crore for Q2FY18 as compared Rs 5042.67 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the July-September quarter of the current fiscal increased to 13.27% as compared to 11.49% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 7.55% in Q2FY18. 

Andhra Bank-Amalgama Share Price

15.55 0.00 (0.00%)
19-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×