Andhra Bank announced unaudited earnings results for the second quarter and half year ended September 30, 2018. For the quarter, the company reported total income of INR 52,493.2 million against INR 50,053.4 million a year ago. Operating profit was INR 12,976.3 million against INR 12,949.5 million a year ago. Net loss from ordinary activity before tax was INR 2,641.0 million as compared INR 3,731.1 million a year ago. Net loss for the period was INR 4,341.0 million as compared to INR 3,851.1 million a year ago. Diluted loss per share before and after extraordinary items for the period was INR 2.70 as compared to INR 4.81 a year ago. Negative return on assets annualised was 0.68% against 0.67% a year ago. Interest earned was INR 47,551.5 million against INR 44,174.5 million reported last year. For the half year, the company reported total income of INR 103,414.0 million against INR 101,605.5 million a year ago. Operating profit was INR 25,053.0 million against INR 26,644.8 million a year ago. Net loss from ordinary activity before tax was INR 7,639.3 million as compared INR 3,046.9 million a year ago. Net loss for the period was INR 9,739.3 million as compared to INR 3,446.9 million a year ago. Diluted loss per share before and after extraordinary items for the period was INR 6.93 as compared to INR 4.65 a year ago. Negative return on assets annualised was 0.77% against 0.30% a year ago. Interest earned was INR 92,826.5 million against INR 88,194.1 million reported last year.