Friday, March 14, 2025 | 07:24 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Allahabad Bank Q2 net up 25% at Rs 177 cr

Image

Press Trust of India New Delhi
Allahabad Bank today reported 25.2 per cent rise in net profit at Rs 177.10 crore during the second quarter ended September 30.

The bank had a net profit of Rs 141.44 crore in the July-September quarter of 2014-15.

However, the total income decreased to Rs 5,317.06 crore during the quarter under review from Rs 5,416.63 crore in the year-ago period, it said in a filing to BSE.

On asset quality, the gross non-performing assets (NPAs) were trimmed to 5.26 per cent of gross advances as against 5.36 per cent in the July-September period of 2014-15.

Net NPAs, however, grew to 3.61 per cent from 3.54 per cent of net advances in the year-ago period.
 

Allahabad Bank scrips shot up 5.04 per cent at Rs 78.2 per piece on BSE.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 09 2015 | 6:22 PM IST

Explore News