SOUTHBANKNSEThe South Indian Bank Limited· BanksHighNeutral
Announced Wed, 6 May · 13:56 IST

The South Indian Bank Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

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SOUTHBANK · price

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AI summary

The South Indian Bank reported audited standalone net profit of ₹195.60 crore for FY2026, up 11.34% from ₹175.69 crore in FY2025. Total income stood at ₹11,555.59 crore. The bank earned total interest income of ₹11,35,599 lakh (₹11,355.59 crore) plus other income of ₹19,560.4 lakh. Capital Adequacy Ratio improved to 20.02% from 19.74% in the previous year. The Board recommended a dividend of ₹0.45 per equity share (45%) compared to ₹0.40 (40%) in FY2025. The Joint Statutory Auditors issued an unmodified (clean) opinion on the financial results.

Likely market impact

The bank delivered steady profit growth with improved capital adequacy, and the increased dividend payout signals confidence. The clean auditor opinion removes any concerns, supporting a stable outlook for shareholders.