Andhra Bank today reported a fall of 6.19% in net profit to Rs 3.62 billion for the quarter ended June 30, 2012 as compared to Rs 3.86 billion in the same period last year.
Total income has gone up 17.75% to Rs 33.57 billion for the quarter ended June 30, 2012 from Rs 28.51 billion in the year ago period.
Interest earned during the quarter ended June 30, 2012 was at Rs 31.22 billion as compared to Rs 26.34 billion for the quarter ended June 30, 2011, representing an increase of 18.50%.
Net NPA was at 12.93 billion for the quarter ended June 30, 2012, as compared to Rs 11.76 billion for the quarter ended June 30, 2011, representing an increase of 3.83 times.
Capital Adequacy Ratio (CAR) of the bank is at 12.68% as on June 30, 2012 as compared to 13.23% as on June 30, 2011.
Shares of the bank declined Rs 1.6, or 1.58%, to trade at Rs 99.40. The total volume of shares traded was 293,346 at the BSE (1.59 p.m., Monday).