South Indian Bank has reported results for fourth quarter and year ended March 31, 2018.
The Bank has reported a rise of 51.05% in its net profit at Rs 114.10 crore for the quarter ended March 31, 2018 as compared to Rs 75.54 crore for the same quarter in the previous year. Total income of the Bank increased by 9.90% at Rs 1767.65 crore for quarter under review as compared to Rs 1608.42 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the Bank has posted a fall of 14.68% in its net profit at Rs 334.89 crore as compared to Rs 392.50 crore for the same period in the previous year. However total income of the Bank increased by 7.12% at Rs 7030.06 crore for year under review as compared to Rs 6562.64 crore for the period ended March 31, 2017.