South Indian Bank net up 45% in Q3 of FY 09

The South Indian Bank has posted a rise of 44.8 per cent in its net profit at Rs 51.68 crore for the quarter ended 30 September compared to Rs 35.69 crore in the corresponding quarter last year.

The bank's total income during the quarter rose to Rs 440 crore against Rs 435.82 crore last year, up 27.26 per cent.

On the Bombay Stock Exchange, the bank's stocks were trading at Rs 97.95 up 5.55 per cent at 1236 IST.