Press release on Audited Financial Results(Standalone and Consolidated)for the quarter/financial year ended 31st March 2026
SOUTHBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 2.2 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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South Indian Bank reported its highest ever net profit of Rs. 1,455 Crores for FY 2025-26, up 11.69% from Rs. 1,303 Crores in the previous year. Total business reached a record Rs. 2,23,620 Crores. Gross advances grew 14.50% to Rs. 1,00,274 Crores while total deposits rose 14.71% to Rs. 1,23,346 Crores. Asset quality improved significantly with Gross NPA dropping from 3.20% to 1.43% and Net NPA falling from 0.92% to 0.29%. Provision Coverage Ratio improved sharply to 94.10%. Gold loan portfolio showed exceptional growth of 45.62%. The Board recommended a 45% dividend.
Strong performance with record profitability and sharp improvement in asset quality should be positive for the stock. The 45% dividend payout signals confidence. However, Net Interest Income declined 1.41% which warrants monitoring.