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Andhra Bank Q4 net profit up by 8%-news07052012


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


The Audited results for the Quarter ended March 31, 2012

    The net profit of the bank marginally up by 8.60% to Rs339.67 crore for the quarter ended March 31, 2012 as compared to Rs312.78 crore for the quarter ended March 31, 2011.
    Total Income of the bank increased by 21.27% to Rs3228.90 crore for the quarter ended March 31, 2012 from Rs2662.48 crore for the quarter ended March 31, 2011.

The Audited results for the Year ended March 31, 2012

    The net profit of the bank surged by .12% to Rs1344.67 crore for the year ended March 31, 2012 as compared to Rs1267.07 crore for the year ended March 31, 2011.
    The total income of the bank increased by 37.76% to Rs12198.66 crore for the year ended March 31, 2012 from Rs9188.23 crore for the year ended March 31, 2011.
   
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