Andhra Bank announced earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported interest earned of INR 32,310.5 million compared to INR 29,230 million a year ago. Total income was INR 34,692.1 million compared to INR 31,582.6 million a year ago. Operating profit was INR 7,120.9 million compared to INR 7,676 million a year ago. Profit from ordinary activities before tax was INR 4,270.9 million compared to INR 4,581.7 million a year ago. Net Profit for the period was INR 2,570.9 million compared to INR 3,031.7 million a year ago. Basic and diluted EPS before/after extraordinary items was INR 4.59 compared to INR 5.42 a year ago. Return on assets was 0.79% compared to 1.07% a year ago.

For the nine months, the company reported interest earned of INR 95,507 million compared to INR 83,397.5 million a year ago. Total income was INR 102,440.5 million compared to INR 89,697.6 million a year ago. Operating profit was INR 20,535.8 million compared to INR 21,540.5 million a year ago. Profit from ordinary activities before tax was INR 14,225.5 million compared to INR 14,070 million a year ago. Net Profit for the period was INR 9,445.5 million compared to INR 10,050 million a year ago. Basic and diluted EPS before/after extraordinary items was INR 16.88 compared to INR 17.96 a year ago. Return on assets was 0.99% compared to 1.21% a year ago.