Andhra Bank net up 8.6% in Q4

Andhra Bank net profit increased 8.6 per cent to Rs 339 crore in the fourth quarter ended March 31, 2012 compared with Rs 312 crore in the year-ago period.

According to the Bombay Stock Exchange filing, total income has increased from Rs 2,662 croe to Rs 3,229 crore.

For the year-ended March 31, 2012, the net profit stood at Rs 1,344 crore compared with Rs 1,267 crore in the previous year. Total income has increased from Rs 9,188 crore (Rs 12,198 crore).

nagsridhu@thehindu.co.in