South Indian Bank Ltd Q1 net profit at Rs.30.37 Crores, EPS at Rs.4.31

South Indian Bank Ltd reported its financial results for quarter ending June 30, 2007 today. The Bank has reported a total income of Rs.3219.7 million compared to Rs.2270.3 million in the same period last year.

The Net Profit more than doubled to Rs.303.7 million compared to Rs.150.5 million in Q1 of 2006-2007. The Capital Adequacy Ratio in Percentage terms stood at 11.06.

The Bank reported an EPS of Rs.4.31 in Q1 2007-2008 compared to Rs.2.14 in Q1 2006-2007.

The stock was trading at Rs.137.50, down by Rs.2.35 or 1.68%. The stock hit an intraday high of Rs.146 and low of Rs.137.10. The total traded quantity was 266851 compared to 2 week average of 74867.

Source : Equity Bulls

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