Allahabad Bank Q1 net dips 21 pc to Rs 128.24 crore

Mumbai, July 29 (UNI) The state-owned Allahabad Bank has posted a net profit of Rs 128.24 crore for the quarter ended June 30, 2006 as compared to Rs 162.98 crore for the quarter ended June 30, 2005, down 21.31 per cent.

Announcing the results, the Bank said its total income has increased from Rs 1,004.15 crore for the quarter ended June 30, 2005 to Rs 1,120.40 crore for the quarter ended June 30, 2006.

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