South Indian Bank has reported results for fourth quarter and year ended March 31, 2014.
The bank has posted a fall of 19% in its net profit at Rs 124.60 crore for the quarter ended March 31, 2014 as compared to Rs 153.83 crore for the same quarter in the previous year. However, total income of the company has increased by 8.77% at Rs 1399.18 crore for quarter under review as compared to Rs 1286.37 crore for the quarter ended March 31, 2013.
For the full year ended March 31, 2014, the bank has reported a marginally rise of 1.04% in its net profit at Rs 507.50 crore as compared to Rs 502.27 crore for FY13. Total income has increased by 12.88% at Rs 5383.53 crore for year under review as compared to Rs 4769.22 crore for the year ended March 31, 2013.