South Indian Bank, the private sector lender, on Thursday reported a rise of 10.18% in its third quarter net profit.
The bank registered a profit of Rs 1.41 billion for the quarter ended Dec. 31, 2013, compared with Rs 1.28 billion, a year ago.
Quarterly income totaled Rs 13.35 billion, an increase of 11.8% over Rs 11.94 billion in the same period a year ago.
Shares of the bank gained Rs 0.6, or 2.97%, to trade at Rs 20.80. The total volume of shares traded was 966,776 at the BSE (11.48 a.m., Thursday).