Karur Vysya Bank, the private sector lender, declined on Thursday after its fourth quarter profit fell by 24.59% from a year ago. The bank reported a profit of Rs 1.20 billion for the quarter ended Mar. 31, 2014, compared with Rs 1.59 billion, a year ago.

Quarterly income totaled at Rs 14.69 billion, an increase of 14.37% over Rs 12.84 billion in the same period a year ago.

Shares of the bank are trading at Rs 437.35, down Rs 5.75, or 1.30% at the Bombay Stock Exchange (BSE) on Thursday at 11:41 a.m.

The scrip has touched an intra-day high of Rs 440 and low of Rs 431.60. The total volume of shares traded at the BSE is 13,365.

In the earlier session, the shares lost 0.68%, or Rs 3.05, at Rs 443.10. Currently, the stock is trading down 8.68% from its 52-week high of Rs 478.90 and above 46.93% over the 52-week low of Rs 297.65.