South Indian Bank, the private sector lender, witnessed a fall in share price on Tuesday after it reported a fall of 37.78% in third quarter profit. The bank reported a profit of Rs 879.30 million for the quarter ended Dec. 31, 2014, compared with Rs 1,413.10 million, a year ago.
Quarterly income totalled at Rs 14.67 billion, an increase of 9.97% over Rs 13.34 billion in the same period a year ago.
Shares of the bank declined Rs 0.90, or 2.95%, to trade at Rs 29.60 at the BSE (1.03 p.m., Tuesday).