South Indian Bank net profit declines 19.00% in the March 2014 quarter

Total Operating Income rise 11.77% to Rs 1302.60 crore

Net profit of South Indian Bank declined 19.00% to Rs 124.60 crore in the quarter ended March 2014 as against Rs 153.83 crore during the previous quarter ended March 2013. Total Operating Income rose 11.77% to Rs 1302.60 crore in the quarter ended March 2014 as against Rs 1165.41 crore during the previous quarter ended March 2013.

For the full year,net profit rose 1.04% to Rs 507.50 crore in the year ended March 2014 as against Rs 502.27 crore during the previous year ended March 2013. Total Operating Income rose 13.10% to Rs 5015.07 crore in the year ended March 2014 as against Rs 4434.29 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear Ended Mar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Total Operating Income1302.601165.41 12 5015.074434.29 13 OPM %78.1573.02 -79.3079.07 - PBDT176.64140.21 26 728.94687.58 6 PBT176.64140.21 26 728.94687.58 6 NP124.60153.83 -19 507.50502.27 1

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