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Andhra Bank Q1 FY 2011 Results : Net Profit up at Rs. 320 Crores

Andhra Bank has announced its first quarter results for FY 2011. The company’s Q1 net profit was up at Rs 320 crore versus Rs 256 crore.

Its NIMs (Net Interest Margin) was up at 3.72% versus 2.85%.

The company’s trailing 12-month (TTM) EPS was at Rs 21.56 per share. (Mar, 2010). The stock’s price-to-earnings (P/E) ratio was 6.60. The latest book value of the company is Rs 90.93 per share.

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Andhra Bank Q1 FY 2011 Results : Net Profit up at Rs. 320 Crores

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