Andhra Bank standalone net profit declines 72.14% in the March 2016 quarter

Total Operating Income rise 9.15% to Rs 4651.53 crore

Net profit of Andhra Bank declined 72.14% to Rs 51.60 crore in the quarter ended March 2016 as against Rs 185.24 crore during the previous quarter ended March 2015. Total Operating Income rose 9.15% to Rs 4651.53 crore in the quarter ended March 2016 as against Rs 4261.76 crore during the previous quarter ended March 2015.

For the full year,net profit declined 15.44% to Rs 539.84 crore in the year ended March 2016 as against Rs 638.44 crore during the previous year ended March 2015. Total Operating Income rose 7.73% to Rs 17634.68 crore in the year ended March 2016 as against Rs 16368.61 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income4651.534261.76 9 17634.6816368.61 8 OPM %60.8366.24 -66.6570.56 - PBDT150.79370.00 -59 1004.031218.20 -18 PBT150.79370.00 -59 1004.031218.20 -18 NP51.60185.24 -72 539.84638.44 -15

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