South Indian Bank reports standalone net profit of Rs 6.79 crore in the March 2021 quarter

Total Operating Income decline 12.32% to Rs 1707.77 crore

Net profit of South Indian Bank reported to Rs 6.79 crore in the quarter ended March 2021 as against net loss of Rs 143.69 crore during the previous quarter ended March 2020. Total Operating Income declined 12.32% to Rs 1707.77 crore in the quarter ended March 2021 as against Rs 1947.67 crore during the previous quarter ended March 2020.

For the full year,net profit declined 40.81% to Rs 61.91 crore in the year ended March 2021 as against Rs 104.59 crore during the previous year ended March 2020. Total Operating Income declined 5.90% to Rs 7305.45 crore in the year ended March 2021 as against Rs 7763.80 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Total Operating Income1707.771947.67 -12 7305.457763.80 -6 OPM %44.9339.40 -52.0158.61 - PBDT10.51-190.38 LP 86.66149.55 -42 PBT10.51-190.38 LP 86.66149.55 -42 NP6.79-143.69 LP 61.91104.59 -41

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