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South Indian Bank’s Q4 net down 19% at Rs 127 cr

sib

Kerala-based South Indian Bank has reported 19 per cent fall in net profit at Rs 124.60 crore for the fourth quarter ended March 31, 2014

sibNew Delhi: Kerala-based South Indian Bank has reported 19 per cent fall in net profit at Rs 124.60 crore for the fourth quarter ended March 31, 2014.

It had reported Rs 153.83 crore profit in theĀ  January- March quarter of the previous fiscal year 2012-13.

The bank’s total income in Q4, 2013-14 was Rs 1,399.18 crore, up from Rs 1,286.37 in the year-ago period.

For the entire 2013-14 fiscal, net profit of the bank rose by a marginal 1.04 per cent at Rs 507.50 crore, while total income rose by 12.9 per cent to Rs 5,383.53 crore.

PTI

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