Andhra Bank Q2 net up 3.2 pc at Rs 151.21 crore

New Delhi, Oct 26: Public sector Andhra Bank has reported a net profit of Rs 151.21 crore for the quarter ended September 30, an increase of 3.26 per cent as compared to Rs 146.43 crore during the same quarter last fiscal.

The total income of the company rose by 86.59 per cent to Rs 1,183.41 crore for the quarter, as against Rs 882.52 crore for the same period in 2006, a company statement said.

Andhra Pradesh recently selected Hewlett-Packard (HP) India as its partner for implementing a Comprehensive Core Banking Solutions (CBS).

UNI