Allahabad Bank Q3 net up 35 pc at Rs 560 cr
Public sector lender Allahabad Bank today reported a 35 per cent growth in net profit to Rs 560.43 crore for the October-December quarter of the current fiscal.
By PTI | Updated:
MUMBAI: Public sector lender Allahabad Bank today reported a 35 per cent growth in net profit to Rs 560.43 crore for the October-December quarter of the current fiscal.
The bank had posted a net profit of Rs 415.80 crore for the corresponding period a year ago.
Total income of the bank rose to Rs 4,260.28 crore during the third quarter of the fiscal from Rs 3,113.09 crore in the year-ago period, Allahabad Bank said in a filing to the BSE.
Interest income of the bank rose to Rs 3,911.87 crore during the quarter, up from Rs 2,855.45 crore in the year-ago period.
Shares of Allahabad Bank were being quoted at Rs 162.30 apiece in afternoon trade on the BSE, up 3.38 per cent from their previous close.
The bank had posted a net profit of Rs 415.80 crore for the corresponding period a year ago.
Total income of the bank rose to Rs 4,260.28 crore during the third quarter of the fiscal from Rs 3,113.09 crore in the year-ago period, Allahabad Bank said in a filing to the BSE.
Interest income of the bank rose to Rs 3,911.87 crore during the quarter, up from Rs 2,855.45 crore in the year-ago period.
Shares of Allahabad Bank were being quoted at Rs 162.30 apiece in afternoon trade on the BSE, up 3.38 per cent from their previous close.
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