South Indian Bank, the private sector lender, today reported a 18.36% jump in net profit at Rs 1105.20 million for the second quarter ended September 30, 2016 from Rs 933.80 million in the same period last year.

Total income of the bank increased 4.58% to Rs 15.96 billion during the quarter from Rs 15.26 billion in the corresponding period last year.

The bank has made provision of Rs 1283.3 million, which was lower by 90.20% from prior year period to Rs 674.7 million.   

Shares of the bank gained Rs 0.1, or 0.4%, to trade at  Rs 24.85.  The total volume of shares traded  was  1,807,116 at the BSE (1.34 p.m., Friday).