South Indian Bank shares tank after missing Q3 estimates
- The private lender reported a net profit of ₹102.75 crore in the quarter ended December, compared to a net loss of ₹50.31 crore in the same period last year, and a profit of ₹223.1 crore in the Sept quarter
MUMBAI : Shares of South Indian Bank on Tuesday nosedived by at least 9% on the NSE after its December quarter net profit missed Bloomberg estimates of ₹168 crore.
Select your Category
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more