Outcome of the Board Meeting - Submission of Audited Financial Results (Standalone and Consolidated) for the quarter/financial year ended 31st March, 2026, and recommendation of Dividend ....
SOUTHBANK · price
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South Indian Bank reported strong full-year performance for FY2026 with total income of ₹11,226 crore (up 14.2% YoY) and net profit of ₹1,956 crore (up 11.3% YoY). EPS improved to ₹1.56 from ₹1.31 in the previous year. The bank declared a dividend of ₹0.45 per share (45%), up from ₹0.40 in FY2025. Asset quality improved significantly with Gross NPA declining to 2.79% and Net NPA to 0.92%. Capital adequacy ratio strengthened to 20.02% (Basel III). Joint Statutory Auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results. The subsidiary SIB Operations and Services contributed ₹50.16 lakh to consolidated net profit.
The bank delivered steady growth in income and profitability with improved asset quality and capital position. The dividend increase signals confidence, though PAT growth of 11.3% is modest. The clean audit opinion and strong capital buffer are positive signals for investors.