The bank reported a net profit of Rs 374 crore for Q3, up 9.4% from Rs 342 crore in the same period last year. This growth was supported by a 10.4% rise in operating profit to Rs 584 crore from Rs 529 crore, driven in part by a 19% jump in non-interest income to Rs 486 crore. Net interest income, the core income from lending activities, also rose marginally by 1.3% to Rs 881 crore.
Asset quality at South Indian Bank saw a marked improvement, with gross non-performing assets dropping to 2.7% in December 2025 from 4.3% a year earlier. Net NPAs also fell significantly to 0.45% from 1.25%, highlighting the bank’s stronger credit management and reduced risk exposure.
The bank’s loan portfolio expanded 11% year on year to Rs 96,764 crore, reflecting robust growth across multiple segments. Corporate loans rose 10% to Rs 38,353 crore, while gold loans surged 26% to Rs 21,303 crore. Vehicle loans also recorded strong growth, climbing 24% to Rs 2,393 crore.
The Capital Adequacy Ratio, a measure of the bank’s financial strength, stood at 17.84%, highlighting its capacity to support future growth while maintaining a strong capital buffer.
MD and CEO P R Seshadri noted that the bank’s strategic focus on quality credit growth helped sustain strong performance. He emphasised that the bank continues to expand across Corporate, MSME, Housing, Auto and Gold loan segments while keeping asset quality high. By selectively onboarding low-risk loans, the bank aims for sustainable growth, prudent risk management and value creation for stakeholders.
Based on Trendlyne data, from a technical perspective, the 14-day RSI for South Indian Bank is 62.6. Typically, an RSI below 30 indicates an oversold condition, while an RSI above 70 signals an overbought condition.Bullish moving averages: The stock is currently trading above all eight simple moving averages, indicating a strong bullish trend.
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