South Indian Bank shares hit 52-week high as lender records highest-ever quarterly profit; check all Q3 numbers

The South Indian Bank on Thursday had reported a net profit of ₹374 crore in its net profit for the quarter ended December 31, 2025 (Q3 FY26), as compared to ₹342 crore in the same quarter of the previous fiscal year, registering a growth of 9%. The bank said this was their highest ever quarterly net profit.  

Its net interest income (NII) for Q3 FY26 increased 19% year-on-year (YoY) to ₹486 crore as against ₹409.2 crore in the corresponding quarter of FY25.

The Kerala-based lender’s pre-provisioning operating profit for the quarter was up 10% to ₹584.33 crore in the reporting quarter from ₹528.84 crore in the same quarter last fiscal year.

The bank said it continues to maintain positive operating leverage for the 9 months ended December 2025, with a 7.44% increase in net total income over a 3.61% increase in operating expense compared to the nine-month period ended December 2024.

As of December 31, 2025, the lender’s gross NPA reduced 163 basis points (bps) to 2.67% on a YoY basis from 4.30%. Its net NPA also dropped by 80 bps to 0.45% from 1.25% YoY.

The South Indian Bank reported a stable operating performance, with return on assets (ROA) continuing to remain above 1%. Asset quality also improved during the quarter, as the slippage ratio declined by 17 basis points to 0.16% in Q3 FY26 from 0.33% in Q3 FY25.

The private lender’s retail deposit in Q3 grew by ₹13,142 crore to ₹1,15,563 crore from ₹1,02,421 crore, showing an increase of 13% on a YoY basis. Its NRI deposit increased 9% to ₹33,965 crore from ₹31,132 crore.

The current account and savings account (CASA) grew by 15% YoY, with growth in savings banks by 14% and current accounts by 20%, respectively. The bank’s gross advances came in at ₹96,764 crore, growing from ₹86,966 crore, showing an increase of 11% YoY.

Here’s what management commented

While announcing the financial results, P. R. Seshadri, MD & CEO of the Bank, stated that the lender’s well-defined strategy continues to underpin its strong business performance during the period. The bank recorded healthy growth across all major segments—including corporate, MSME, housing, auto and gold loans—with a steadfast focus on maintaining asset quality.

He further highlighted that, in line with the bank’s strategic intent of achieving profitability through quality credit growth, the South Indian Bank successfully onboarded fresh advances with a low risk profile. This approach, he noted, reflects the lender’s continued commitment to sustainable growth, prudent risk management and value creation for all stakeholders.

South Indian Bank, in a statement, said that its capital adequacy ratio stood at 17.84% in December 2025, indicating a strong capital position, underscoring the bank’s sound capital management practices and capacity to support future business growth.

It further clarified that the financial results also incorporate the performance of its wholly owned subsidiary, SIBOSL.

South Indian Bank share price

At 11:35 AM, shares of The South Indian Bank were trading at ₹44.04 apiece on NSE, rising 3.72%.

Over a month’s time, the lender’s shares have gained 12%, while the stock has climbed nearly 43.13% in 6 months. On a year-on-year basis, South Indian Bank’s shares have zoomed 65%.

The lender has a total market capitalisation of ₹11,518.10 crore, according to data from the NSE.