South Indian Bank Reports 9% YoY Rise in Q3 FY26 Net Profit To ₹374 Crore

South Indian Bank announced its financial results for the quarter ended December 31, 2025, on January 15, 2026, reporting its highest-ever quarterly net profit of ₹374 crore. The figure reflects a 9% year-on-year increase compared with ₹342 crore in the same quarter of the previous fiscal year.

The bank also recorded robust growth in net interest income (NII), supported by stronger operating performance. Its management highlighted that the results reflected continued focus on asset quality and disciplined credit expansion.

Profitability And Core Income Performance

The bank reported NII of ₹486 crore in Q3 FY26, marking a 19% year-on-year increase from ₹409.2 crore in Q3 FY25. Pre‑provisioning operating profit rose 10% to ₹584.33 crore, up from ₹528.84 crore in the previous fiscal period.

The lender maintained positive operating leverage for the 9‑month period ended December 2025, with net total income rising 7.44% against a 3.61% increase in operating expenses. Management noted that these trends contributed to the bank’s strong quarterly profitability.

Asset Quality Metrics and Improvements

As of December 31, 2025, the bank’s gross NPA ratio fell 163 basis points to 2.67%, down from 4.30% year-on-year. Its net NPA ratio also declined by 80 basis points to 0.45%, compared with 1.25% in the year-ago period.

The slippage ratio improved meaningfully, decreasing to 0.16% in Q3 FY26 from 0.33% in Q3 FY25. The bank confirmed that its return on assets (ROA) remained above 1%, reflecting overall stability in asset quality.

South Indian Bank Share Price Performance

On January 16, 2026, South Indian Bank share price opened at ₹43.22, compared to the previous close of ₹42.46. During the session, as of 2:51 PM IST, the stock had touched a high of ₹45.17 and a low of ₹42.89, and was trading at ₹44.28, up by 4.29%.

The stock recorded a traded volume of 664.32 lakh shares and a traded value of ₹293.43 crore on the NSE. The market capitalisation stood at ₹11,591.38 crore.

Read More: Tata Technologies Q3FY26 Earnings Results.

Conclusion

South Indian Bank delivered a stable Q3 FY26 performance supported by rising profitability, improved asset quality and consistent growth in deposits and advances. Its strong capital adequacy and disciplined operational approach reinforced its financial resilience.

Management emphasised that its strategic focus remains centred on quality lending and sustainable expansion. The bank’s operating trends for the quarter underline continued momentum across key business indicators.

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