Quarterly Result6 May 2026, 04:24 pm
South Indian Bank Net Profit Up 11.69% to ₹1,455 Cr in FY26
AI Summary
South Indian Bank reported a net profit of ₹1,455.14 Cr for FY26, an 11.69% increase compared to ₹1,302.88 Cr in FY25. The bank achieved its highest-ever business of ₹2,23,620 Cr and operating profit of ₹2,373 Cr. The Board recommended a 45% dividend. Gross NPA dropped by 177 bps to 1.43%, and NNPA reduced by 63 bps to 0.29%. Retail deposits grew by 14.67%, and NRI deposits increased by 11.92%. Gross advances grew by 14.50%.
Key Highlights
- South Indian Bank's FY26 net profit rose 11.69% to ₹1,455.14 Cr.
- The bank's highest-ever business reached ₹2,23,620 Cr.
- Gross NPA decreased by 177 bps to 1.43% Y-o-Y.
- The Board of Directors recommended a 45% dividend.
- Gross advances grew by 14.50% Y-o-Y.