The South Indian Bank Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported net interest income was INR 8,251.5 million compared to INR 5,728.7 million a year ago. Net income was INR 1,030.1 million compared to net loss of INR 504 million a year ago. Basic earnings per share from continuing operations was INR 0.49 compared to basic loss per share from continuing operations of INR 0.24 a year ago. Diluted earnings per share from continuing operations was INR 0.49 compared to diluted loss per share from continuing operations of INR 0.24 a year ago.
For the nine months, net interest income was INR 21,549 million compared to INR 16,420.2 million a year ago. Net income was INR 4,417.8 million compared to net loss of INR 2,272.4 million a year ago. Basic earnings per share from continuing operations was INR 2.11 compared to basic loss per share from continuing operations of INR 1.09 a year ago. Diluted earnings per share from continuing operations was INR 2.11 compared to diluted loss per share from continuing operations of INR 1.09 a year ago.