The South Indian Bank Limited has informed the Exchange about Transcript
SOUTHBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
South Indian Bank filed the transcript of its Q1 FY26 earnings call held on July 18, 2025, hosted by ICICI Securities. The bank reported a 10% YoY rise in net profit to INR 322 crores and a 32% jump in operating profit to INR 672 crores, with total deposits up 9% to INR 112,922 crores and gross advances up 8% to INR 89,198 crores, taking total business past the INR 2 lakh crore mark. Asset quality improved sharply, with gross NPA down 135 bps to 3.15% and net NPA down 76 bps to 0.68%, supported by INR 256 crores of treasury income used to strengthen the provision cover to 78.93%. Management guided for credit growth north of 12%, NIMs bottoming in Q2 with improvement from Q3, RoA of ~100 bps this fiscal rising to ~115 bps next, and a 3-year aspirational RoA target of 1.5%, while also flagging NIM pressure from the repo rate cuts already passed on to borrowers.
The combination of improving asset quality, strong operating leverage, and clear forward guidance on NIM recovery and growth acceleration is positive for shareholders, though near-term margin pressure from the repo transmission remains a key monitorable.