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Allahabad Bank Q4 cons net profit up by 29%; stk up-news07052012


Allahabad Bank has announced the following results for the quarter & year ended March 31, 2012:

S tandalone Results

The Audited results for the Quarter ended March 31, 2012

    The net profit of the Bank surged by 55.36% to Rs400.22 crore for the quarter ended March 31, 2012 as compared to Rs257.61 crore for the quarter ended March 31, 2011.
    The total income of the bank increased by 26.05% to Rs4523.38 crore for the quarter ended March 31, 2012 from Rs3588.68 crore for the quarter ended March 31, 2011.

The Audited results for the Year ended March 31, 2012

    The net profit of the Bank advanced by 31.18% to Rs1866.79 crore for the year ended March 31, 2012 as compared to Rs1423.11 crore for the year ended March 31, 2011.
    The total income of the bank increased by 36.12% to Rs16821.96 crore for the year ended March 31, 2012 from Rs12385.10 crore for the year ended March 31, 2011.

Consolidated Results

The Audited consolidated results for the Year ended March 31, 2012

    The net profit of the group jumped by 29.51% to Rs1864.34 crore for the year ended March 31, 2012 as compared to Rs1439.53 crore for the year ended March 31, 2011.
    The total income of the bank increased by 35.11% to Rs16851.53 crore for the year ended March 31, 2012 from Rs12472.23 crore for the year ended March 31, 2011.
....more info



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