Indian Bank, on Monday reported a fall of 7.13% in its fourth quarterly net profit. The bank earned a profit of Rs 2.71 billion for the quarter ended Mar. 31, 2014 as compared with Rs 2.92 billion in the same period last year.
 
The bank's quarterly income totaled Rs 42.34 billion, an increase of 5.20% over Rs 40.22 billion in the same period a year ago.

The bank has made provision of Rs 5.93 billion, which was higher by 24.88% from prior year period.

Net NPA was at Rs 27.63 billion for the quarter ended Mar. 31, 2014, as compared to Rs 23.84 billion for the quarter ended Mar. 31, 2013, representing increase of 15.91%.

Capital Adequacy Ratio of the bank, under Basel III was at 12.64% as on Mar. 31, 2014.

Shares of the bank declined Rs 1.05, or 0.85%, to settle at Rs 121.80. The total volume of shares traded was 148,649 at the BSE (Monday).