Friday, January 28, 2011

Allahabad Bank Q3 net profit up at Rs 416 cr

Allahabad Bank has declared its third quarter results. Its Q3 net profit was up at Rs 416 crore versus Rs 345.4 crore.

The company's NII was up at Rs 1,051.6 crore versus Rs 675.6 crore.

Its provision coverage ratio was at 80.22%.

The company's net NPAs was at 0.59% versus 0.35%, YoY and gross NPAs was unchanged at 1.77%, YoY.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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