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Andhra Bank reports 3.5% fall in Fy13 consolidated net profit

05 Jun 2013 Evaluate

Andhra Bank reported results for the year ended March 31, 2013 on consolidated.

The group has registered 3.50% fall in its consolidated net profit at Rs 1284.54 crore in FY13 as against Rs 1331.18 crore in previous year. However, total income of the company has increased to Rs 14542.30 crore, up by 15.36% as compared to Rs 12605.76 crore in FY12.

Currently, the bank has 1,867 branches, out of which 707 are outside AP covering 25 States and three Union Territories. It also has representative offices in the United Arab Emirates and the US.

 

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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