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SOUTH INDIAN BANK LTD. Q2 FY26 Results

SOUTHBANKQ2 FY26 Results
Filing
MetricValue ( Cr)Q1 FY26Q2 FY25
Revenue2.4K1.9%2.2%
Total Income2.9K2.1%4.2%
Expenditure2.4K3.3%205.5%
PBT472.589.1%7.3%
Net Profit351.599.1%8.3%
OPM22.26%6.21pp1.11pp
NPM12.03%1.23pp1.76pp
EPS1.348.9%1016.7%
View full financials

South Indian Bank Sets History with Highest Ever Quarterly Net Profit of Rs. 351 Crore

16 Oct 2025 · 16 Oct 2025, 02:51 pm

Summary

South Indian Bank has reported a net profit of Rs. 351.36 Crore for Q2 FY 2025-26, marking an 8% growth compared to Q2 FY 2024-25. The bank has seen a reduction in gross and net NPAs, an increase in non-interest income, and growth in advances and deposits. The bank's capital adequacy ratio stands at 17.70%, indicating a strong capital position.

Key Highlights

  1. 1

    Net Profit of the Bank for quarter is up by 8% from Rs. 324.69 Cr. in Q2 FY25 to Rs. 351.36 Cr. in Q2 FY 26

  2. 2

    Gross NPA reduced by 147 bps from 4.40% to 2.93% on Y-o-Y basis

  3. 3

    Net NPA dropped by 75 bps from 1.31% to 0.56% on Y-o-Y basis

  4. 4

    Non-Interest Income increased from Rs. 410.12 Cr. to Rs. 515.73 Cr., registering a growth of 26% on Y-o-Y basis

  5. 5

    Deposits > Retail Deposit grew by Rs. 10,973 Cr. from Rs. 1,01,652 Cr. to Rs. 1,12,625 Cr., showing an increase of 11% on Y-o-Y basis

  6. 6

    > NRI Deposit grew by Rs. 2,707 Cr. from Rs. 30,488 Cr. to Rs. 33,195 Cr., showing an increase of 9% on Y-o-Y basis

  7. 7

    > CASA grew by 10% on Y-o-Y basis with growth in Savings Bank by 10% and Current Account by 11% respectively

  8. 8

    > Gross Advances grew by Rs. 7,572 Cr. from Rs. 84,714 to Rs. 92,286 Cr., showing an increase of 9% on Y-o-Y basis

  9. 9

    > Gold Loan portfolio went up by Rs. 2,236 Cr. from Rs. 16,609 Cr. to Rs. 18,845 Cr., showing an increase of 13% on Y-o-Y basis

  10. 10

    > Housing Loan grew by Rs. 1,776 Cr. from Rs. 7,072 Cr. to Rs. 8,849 Cr. registering a growth of 25%

  11. 11

    > Vehicle Loan grew by 25% Y-o-Y from Rs. 1,828 Cr. to Rs. 2,288 Cr. Y-o-Y growth Rs. in Crore | Quarter Ended Quarter Ended | 30-09-2025 30-09-2024 Growth % Gross Advance 92,286 84,714 7,572 9% Retail Deposits 1,12,625 1,01,652 10,973 11% NRI Deposit 33,195 30,488 2,707 9% Current Deposits 7,044 6,373 671 11% Savings Deposits 29,797 27,158 2,639 10% CASA 36,841 33,530 3,311 10% CASA % 31.86% 31.80% 0.06% Gross NPA % 2.93% 4.40% -1.47% Net NPA % 0.56% 1.31% -0.75% Net Interest Income | 808 882 -74 -8% Other income 515 410 105 26% Operating Profit 535 550 -15 -3% Provisions excl. tax | 63 110 -47 -43% Profit before tax 472 440 32 7% Net Profit after tax | 351 325 27 8%

Management Comments

M

Mr. P R Seshadri

MD & CEO of the Bank

The Bank’s well defined strategy continues to underpin its strong business performance during the period. The Bank recorded healthy growth across all major segments — including Corporate, MSME, Housing, Auto and Gold loans — with a steadfast focus on maintaining asset quality. The Bank successfully onboarded fresh advances with a low risk profile. This approach reflects the Bank’s continued commitment to sustainable growth, prudent risk management and value creation for all stakeholders.

Informational and educational content only. Not investment advice.