| South Indian Bank declared net profit of Rs. 1,455.14 Cr for the FY 25-26 registering a growth of 11.69% compared to Rs. 1,302.88 Cr in FY 24-25. Key Highlights of FY 2025-26 Highest ever business of Rs. 2,23,620 Cr in the history of the BankHighest ever Net Profit of Rs. 1,455 Cr in the history of the BankHighest ever Operating Profit of Rs. 2,373 Cr in the history of the BankHighest Non-Interest Income of Rs. 2,009 Cr in the history of the BankPCR including write off increased by 907 bps from 85.03% to 94.10% on Y-o-Y basisPCR excl. write off increased by 810 bps from 71.77% to 79.87% on Y-o-Y basisGNPA dropped by 177 bps from 3.20% to 1.43 % on Y-o-Y basisNNPA reduced by 63 bps from 0.92% to 0.29% on Y-o-Y basisOperating Profit of the year increased by 4.55% from Rs. 2,270 Cr in FY 25 to Rs. 2,373 Cr in FY 26The Board of Directors had recommended 45% Dividend subject to approval of the Shareholders in AGM |
o Deposits
Retail Deposit grew by Rs. 15,366 Cr from Rs. 1,04,750 Cr to Rs. 1,20,116 Cr showing an increase of 14.67% on Y-o-Y basis
NRI Deposit grew by Rs. 3,769 Cr from Rs. 31,602 Cr to Rs. 35,371 Cr showing an increase of 11.92% on Y-o-Y basis
Savings Bank grew by 17.24% Y-o-Y from Rs. 27,699 Cr to Rs. 32,475 Cr
o Advances
Gross advances grew by Rs. 12,695 Cr from Rs. 87,579 Cr to Rs. 1,00,274 Cr showing an increase of 14.50% on Y-o-Y basis
Corporate Segment grew by Rs. 2,472 Cr from Rs. 36,198 Cr to Rs. 38,670 Cr showing an increase of 6.83% on Y-o-Y basis, in well rated borrower accounts
Share of A and above rated accounts in large corporate segments stood at 99.10%
Gold Loan portfolio grew by Rs. 7,747 Cr from Rs. 16,982 Cr to Rs. 24,729 Cr showing an increase of 45.62% on Y-o-Y basis
Vehicle Loan grew by 21.39 % Y-o-Y from Rs. 1,987 Cr to Rs. 2,412 Cr
Business Segment grew by Rs. 1,092 Cr from Rs. 12,686 Cr to Rs. 13,778 Cr showing an increase of 8.61% on Y-o-Y basis
Mortgage loan grew by Rs. 1,621 Cr from Rs. 3,814 Cr to Rs. 5,435 Cr showing an increase of 42.50% on Y-o-Y basis
Y-o-Y growth Rs. in Crore
| Year ended | Year ended | Growth | % | |
| 31-03-2026 | 31-03-2025 | |||
| Gross Advance | 1,00,274 | 87,579 | 12,695 | 14.50% |
| Retail Deposits | 1,20,116 | 1,04,750 | 15,366 | 14.67% |
| NRI Deposit | 35,371 | 31,602 | 3,769 | 11.92% |
| Current Deposits | 7,146 | 6,030 | 1,116 | 18.51% |
| Savings Deposits | 32,475 | 27,699 | 4,776 | 17.24% |
| CASA | 39,621 | 33,730 | 5,891 | 17.47% |
| CASA % | 32.12% | 31.37% | 0.75% | |
| Gross NPA % | 1.43% | 3.20% | -1.77% | |
| Net NPA % | 0.29% | 0.92% | -0.63% | |
| Net Interest Income | 3,437 | 3,486 | -49 | -1.41% |
| Other income | 2,009 | 1,813 | 196 | 10.81% |
| Operating Profit | 2,373 | 2,270 | 103 | 4.55% |
| Provisions excluding tax | 417 | 513 | -96 | -18.71% |
| Profit before tax | 1,956 | 1,757 | 199 | 11.33% |
| Net Profit after tax | 1,455 | 1,303 | 152 | 11.67% |
| Bulk Deposit | 3,230 | 2,776 | 454 | 16.35% |
| Total Deposit | 1,23,346 | 1,07,526 | 15,820 | 14.71% |
| Quarter ended | Growth | % | ||
| 31-03-2026 | 31-03-2025 | |||
| Net Interest Income | 915 | 868 | 47 | 5.41% |
| Other income | 386 | 572 | -186 | -32.52% |
| Operating Profit | 581 | 683 | -102 | -14.93% |
| Provisions excluding tax | 34 | 224 | -190 | -84.82% |
| Profit before tax | 547 | 459 | 88 | 19.17% |
| Net Profit after tax | 408 | 342 | 66 | 19.30% |
Statement by Mr. P.R. Seshadri, MD & CEO of the Bank:
“While announcing the financial results, I am pleased to share that our strategy continues to centre around sustained profitability, superior asset quality, a resilient loan book, and a robust retail liability portfolio. We are sharpening our organizational structure and leveraging digital technology to effectively achieve our business objectives.
During the reporting period, the Bank witnessed consistent growth across all targeted segments, with a sharp focus on acquiring quality assets in verticals such as Corporate Lending, MSME, Auto Loans, Mortgage Loans, and Gold Loans.
Aligned with our strategic intent of ‘Profitability through Quality Credit Growth’, we have successfully onboarded new advances with low-risk profiles, ensuring a well-balanced and healthy credit portfolio.”
The Bank’s financial results include the financial results of its wholly owned subsidiary SIBOSL.
Major Awards and Accolades won by the Bank in FY 2025-26
South Indian Bank has once again secured a remarkable six awards at the IBA Banking Technology Awards this year.
The awards include:
1. Best Tech Talent & Organization (Winner)
2. Best AI-ML Adoption (Runner-up)
3. Best Tech Bank (Runner-up)
4. Best Digital Sales (Runner-up)
5. Best Fintech & Digital Payment Index Adoption (Special Mention)
6. Best IT & Risk Management (Special Mention)
Silver award in the AI Vanguard category at the IBEX BFSI Tech Awards.
Protean Digital Disruptors 2026 by ET Brand Equity awarded to Chief Information Officer.
Securing these awards consistently underscores the bank’s commitment to advancing in banking technology and highlights the digital prowess developed by South Indian Bank.