Asia
The South Indian Bank's Consolidated Profit Rises in Fiscal Q4; Shares Up 4%
The South Indian Bank's (NSE:SOUTHBANK, BOM:532218) consolidated net profit rose to 4.05 billion Indian rupees in the fiscal fourth quarter ended March 31, from 3.42 billion rupees a year ago.Earnings per share came in at 1.55 rupees from 1.31 rupees a year earlier, according to a Wednesday filing to the Indian stock exchanges.Interest earned by the lender in fiscal Q4 also increased to 25.6 billion rupees from 23.7 billion rupees a year ago.The bank's board recommended a dividend of 0.45 rupees per equity share of face value of 1 rupee each for the financial year ended March 31.Shares of the bank were up nearly 4% in recent trade.
BOM:532218NSE:SOUTHBANK
