Andhra Bank reported audited standalone and consolidated earnings results for fourth quarter and audited consolidated earnings results for the year ended March 31, 2018. For the quarter, on standalone basis, the company’s interest earned was INR 46,058.7 million compared to INR 47,740.9 million a year ago. Total income was INR 50,926.2 million compared to INR 54,246.9 million a year ago. Operating profit (profit before provisions and contingencies) was INR 13,662.3 million compared to INR 14,344.5 million a year ago. Net loss for the period was INR 25,358.2 million or INR 28.58 per basic and diluted share (not annualized) compared to profit of INR 351.2 million or INR 0.52 per basic and diluted share (not annualized) for the same period a year ago. Loss on assets (annualized) was 4.18% compared to return on assets (annualized) of 0.06% a year ago. For the year, on standalone basis, the company’s interest earned was INR 179,745.4 million compared to INR 180,274.2 million a year ago. Total income was INR 203,466.0 million compared to INR 203,357.2 million a year ago. Operating profit (profit before provisions and contingencies) was INR 53,610.3 million compared to INR 43,879.5 million a year ago. Net loss for the period was INR 34,125.3 million or INR 38.94 per basic and diluted share (not annualized) compared to profit of INR 1,743.3 million or INR 2.56 per basic and diluted share (not annualized) for the same period a year ago. Loss on assets (annualized) was 1.46% compared to return on assets (annualized) of 0.08% a year ago. For the year, on consolidated basis, the company’s interest earned was INR 182,085.2 million compared to INR 182,315.3 million a year ago. Total income was INR 213,054.6 million compared to INR 213,191.9 million a year ago. Operating profit (profit before provisions and contingencies) was INR 53,804.3 million compared to INR 44,033.1 million a year ago. Net loss for the period attributable to group was INR 33,657.2 million or INR 38.41 per basic and diluted share (not annualized) compared to profit of INR 2,071.0 million or INR 3.04 per basic and diluted share (not annualized) for the same period a year ago. Loss on assets (annualized) was 1.42% compared to return on assets (annualized) of 0.10% a year ago.