SOUTH INDIAN BANK LTD. Q4 FY26 Results

Summary

South Indian Bank reported a strong financial performance for FY2025-26, achieving its highest-ever net profit of ₹1,455.14 Cr, representing an 11.69% increase year-on-year. The bank also registered record operating profit of ₹2,373 Cr and its highest total business of ₹2,23,620 Cr. Asset quality saw significant improvement, with GNPA dropping to 1.43% and NNPA to 0.29%. Gross advances grew by 14.50% to ₹1,00,274 Cr and retail deposits increased by 14.67% to ₹1,20,116 Cr. MD & CEO Mr. P.R. Seshadri emphasized the bank's continued strategy focusing on sustained profitability, superior asset quality, a resilient loan book, and a robust retail liability portfolio.

Key Highlights

1. 1

   South Indian Bank achieved its highest-ever net profit of ₹1,455.14 Cr for FY25-26, registering an 11.69% growth compared to ₹1,302.88 Cr in FY24-25.

2. 2

   The bank recorded its highest-ever total business of ₹2,23,620 Cr and operating profit of ₹2,373 Cr in its history for FY25-26.

3. 3

   Operating Profit for FY25-26 increased by 4.55% to ₹2,373 Cr from ₹2,270 Cr in the previous fiscal year.

4. 4

   Retail deposits grew by 14.67% Y-o-Y to ₹1,20,116 Cr, while gross advances expanded by 14.50% Y-o-Y to ₹1,00,274 Cr.

5. 5

   Asset quality significantly improved, with Gross Non-Performing Assets (GNPA) dropping by 177 bps to 1.43% and Net Non-Performing Assets (NNPA) reducing by 63 bps to 0.29% Y-o-Y.

6. 6

   The Gold Loan portfolio demonstrated robust growth of 45.62% Y-o-Y, reaching ₹24,729 Cr.

7. 7

   The Board of Directors recommended a 45% dividend, subject to approval from the shareholders at the Annual General Meeting.