Andhra Bank Q4 down 10% at Rs 124cr

According to a release issued by the bank to the BSE today, the total income for the January-March 2008 quarter rose by 22.03% to Rs 1,352 crore. The interest income moved up to Rs 1,169.22 crore from Rs 969.99 crore a year ago.

The interest expenditure shot up by 41% to Rs 826.3 crore from Rs 582 crore. The net interest income for the Q4FY08 was down at Rs 343 crore from Rs 387.9 crore in same period of 2006-07.