South Indian Bank Share Price in Focus; Profit Rises 9% to ₹322 Crore in Q1 FY26 Results

South Indian Bank has announced its unaudited financial results for the quarter ended June 30, 2025.

The bank reported a net profit of ₹321.95 crore, marking a 9.46% year-on-year (YoY) increase compared to ₹294.13 crore in Q1 FY25. According to P R Seshadri, MD & CEO, the bank delivered its highest-ever performance in multiple areas, including business volume, provision coverage, and asset quality.

Record-Breaking Business and Improved Asset Quality

During the quarter, South Indian Bank achieved its highest-ever total business of ₹2,02,119 crore. The Gross Non-Performing Assets (GNPA) declined by 135 basis points YoY to 3.15%, while the Net NPA (NNPA) dropped to 0.68%, a 76 bps improvement. The bank’s Provision Coverage Ratio (PCR), including write-offs, reached a record 88.82%, further strengthening its balance sheet.

Operating Profit and Loan Book Growth

The bank’s operating profit increased by 32.41% YoY, rising from ₹507.68 crore in Q1 FY25 to ₹672.20 crore in Q1 FY26. On the advances front, gross advances grew by 8% YoY to ₹89,198 crore. Significant growth was seen in the personal segment, which rose by 26% to ₹24,222 crore. The housing loan portfolio more than doubled, growing by 66% YoY to ₹8,518 crore, while vehicle loans expanded by 27% YoY. Gold loans also grew 7% to ₹17,446 crore.

Deposit Growth Across Segments

South Indian Bank witnessed healthy growth in deposits. Retail deposits increased by 9.65% YoY to ₹1,09,368 crore. NRI deposits rose by 7.27% to ₹32,293 crore, and the CASA (Current and Savings Account) base grew by 9.06% YoY to ₹36,204 crore, indicating growing customer confidence.

South Indian Bank Share Price Performance

On July 18, 2025, South Indian Bank share price (NSE: SOUTHBANK) opened at ₹30.74, almost the same as its previous close of ₹30.63. At 9:33 AM, the share price of South Indian Bank was trading at ₹30.43, down by 0.65% on the NSE.

Also Read: South Indian Bank Aims Over 12% Loan Growth in FY26, Focus on MSME and Retail Segments! 

Conclusion

South Indian Bank’s Q1 FY26 results reflect its performance backed by operational metrics, improved asset quality, and aggressive retail lending growth. With record-high business volumes and enhanced profitability, the bank continues to strengthen its position in the Indian banking sector and remains focused on delivering long-term value to shareholders and customers alike.

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