Home >Companies >South Indian Bank net up 45% for June-Sept quarter

Mumbai: South India Bank on 14 October announced a net profit of Rs51.68 crore for the quarter ended 30 September, a 44.8% growth from that in the corresponding period a year ago.

The bank had a net profit of Rs35.69 crore in the same quarter of FY’08.

The total income rose to Rs440.08 crore for the quarter under review from Rs315.82 crore in the same quarter last fiscal, South Indian Bank said in a filing to the Bombay Stock Exchange.

For the half year ended on 30 September, the bank reported a net profit of Rs90.30 crore against Rs66.06 crore while its net income rose to Rs845.97 crore.

Shares of the Bank were up 5.06% at Rs97.50 in afternoon trade on the BSE.

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