South Indian Bank on Thursday reported its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, showing improvement in profitability, income and asset quality.
For the third quarter of FY26, the bank reported a net profit of Rs 374.32 crore, compared with Rs 341.87 crore in the same period last year, registering a year-on-year growth of 9.5 per cent.
Q3FY26 Profit and Income Growth
Total income during the quarter rose to Rs 3,003.46 crore from Rs 2,779.96 crore a year ago, an increase of 8 per cent. Operating profit for the quarter stood at Rs 584.33 crore, up from Rs 528.84 crore in Q3FY25, marking a growth of 10.5 per cent.
Interest earned during Q3FY26 increased to Rs 2,517.53 crore from Rs 2,370.74 crore in the corresponding quarter of the previous year, reflecting a rise of 6.2 per cent.
For the nine months ended December 31, 2025, South Indian Bank reported a net profit of Rs 1,047.64 crore, compared with Rs 960.69 crore in the same period last year, registering a growth of 9 per cent.
Income Breakdown
During the third quarter, the bank’s total income comprised interest income of Rs 2,517.53 crore and other income of Rs 485.93 crore. Interest income from advances and bills stood at Rs 1,963 crore, while income from investments was reported at Rs 497.60 crore. Other income rose to Rs 485.93 crore in Q3FY26 from Rs 409.22 crore a year ago.
Asset Quality Improvement
On the asset quality front, the bank reported further improvement in key metrics. The gross non-performing asset (NPA) ratio declined to 2.67 per cent in Q3FY26, compared with 4.30 per cent in Q3FY25 and 2.93 per cent in the previous quarter. The net NPA ratio improved to 0.45 per cent, against 1.25 per cent a year ago and 0.56 per cent in Q2FY26.
In absolute terms, gross NPAs stood at Rs 2,581.50 crore at the end of December 2025, down 30.9 per cent year-on-year. Net NPAs declined to Rs 425.90 crore, marking a 59.7 per cent reduction from the year-ago period.
Operational Efficiency and Capital Position
Operating expenses for the quarter stood at Rs 782.28 crore. Employee costs accounted for Rs 428.69 crore, while other operating expenses were Rs 353.59 crore.
As of December 31, 2025, the bank’s capital adequacy ratio under Basel III norms stood at 17.84 per cent, compared with 18 per cent in the corresponding quarter last year. Return on assets was reported at 1.09 per cent, while basic earnings per share improved to Rs 1.43 from Rs 1.31 a year ago. Net worth increased to Rs 10,597.08 crore from Rs 9,308.55 crore.
Segment Performance, Balance Sheet
Segment-wise, retail banking generated income of Rs 1,350.85 crore during Q3FY26, followed by corporate and wholesale banking at Rs 865.56 crore and treasury operations at Rs 651.47 crore.
On the balance sheet front, total assets stood at Rs 1,38,497.03 crore as of December 31, 2025. Advances were reported at Rs 94,712.62 crore, while investments stood at Rs 30,109.53 crore. Total deposits increased to Rs 1,18,210.90 crore.
South Indian Bank Share Price Today
Shares of The South Indian Bank Limited on the NSE closed at Rs 42.54, up Rs 2.07 or 5.11 per cent, on Wednesday. The stock gained 4.92 per cent in one day, rose 0.81 per cent over the past five days and advanced 6.26 per cent in the past one month.
Over six months, the stock has climbed 41.53 per cent, while it has gained 66.51 per cent over one year. The stock has surged 389.17 per cent over the past five years.
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