South Indian Bank has informed the stock exchanges of the availability of the audio recording from its conference call for Investors and Analysts, held on Thursday, May 07, 2026, at 16:00 hrs (IST). The disclosure was made by the bank's Secretarial Department vide reference SEC/ST.EX.STT/18/2026-27, dated May 07, 2026, in continuation of an earlier communication dated April 30, 2026.

Regulatory Disclosure

The notification was made pursuant to Regulation 30, 46, and all other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was addressed to both the National Stock Exchange of India Ltd. and BSE Ltd., fulfilling the bank's listing compliance obligations.

Recording Availability

The key details of the disclosure are summarised below:

The audio recording of the quarterly earnings call has been made available on the bank's official website and can be accessed at the following link: https://www.southindianbank.bank.in/userfiles/recordings/quarterly_earnings_call_07-05-2026.mp3 .

Authorisation

The disclosure was digitally signed and submitted by Jimmy Mathew, Company Secretary of South Indian Bank, on May 07, 2026, at 20:10:56 hrs IST, confirming the authenticity and timeliness of the regulatory filing.

South Indian Bank announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, at a Board of Directors meeting held on May 06, 2026. The bank recorded its highest ever net profit of ₹1,455.14 Cr for FY 2025-26, registering a growth of 11.69% compared to ₹1,302.88 Cr in FY 2024-25. The results were audited by Joint Statutory Auditors M/s. M.P. Chitale & Co. and M/s. Borkar & Muzumdar, who issued an unmodified opinion on both the standalone and consolidated financial statements. The Board also recommended a dividend of 45% (₹0.45 per equity share of face value Re.1/-) for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

Record Annual Performance

FY 2025-26 marked several milestones for the bank, including its highest ever business of ₹2,23,620 Cr, highest ever Operating Profit of ₹2,373 Cr, and highest ever Non-Interest Income of ₹2,009 Cr. Standalone total income for the year stood at ₹11,85,599 lakh, up from ₹11,22,674 lakh in FY25. Net Interest Income for the year was ₹3,437 Cr compared to ₹3,486 Cr in the prior year, while Other Income rose to ₹2,009 Cr from ₹1,813 Cr. Operating Profit grew by 4.55% from ₹2,270 Cr in FY25 to ₹2,373 Cr in FY26. The following table summarises the key annual standalone financial metrics:

Quarterly Financial Performance

For the quarter ended March 31, 2026, the bank's standalone net profit rose to ₹408 Cr from ₹342 Cr in the same quarter of the previous year, a growth of 19.30%. Net Interest Income for the quarter grew by 5.41% to ₹915 Cr from ₹868 Cr in Q4 FY25. Operating Profit for the quarter stood at ₹581 Cr compared to ₹683 Cr in Q4 FY25, while Provisions excluding tax declined sharply by 84.82% to ₹34 Cr from ₹224 Cr YoY. The table below presents the quarterly standalone performance:

*Not annualised

Asset Quality and Capital Adequacy

The bank's asset quality showed significant improvement both on a year-on-year and sequential basis. Gross NPA declined sharply to 1.43% from 3.20% a year ago, a reduction of 177 basis points. Net NPA improved to 0.29% from 0.92% YoY, a reduction of 63 basis points. Provision Coverage Ratio (PCR) including write-offs increased by 907 basis points from 85.03% to 94.10% on a YoY basis, while PCR excluding write-offs improved by 810 basis points from 71.77% to 79.87%. Provisions and contingencies for the quarter stood at ₹3,439 lakh, a significant reduction from ₹8,041 lakh in the preceding quarter and ₹22,419 lakh in Q4 FY25. The Capital Adequacy Ratio (Basel III) was reported at 19.66% as at March 31, 2026, compared to 17.84% in Q3 FY26 and 19.31% a year ago.

Deposits and Advances Growth

The bank recorded strong growth across its deposit and advances portfolios during FY 2025-26. Total Deposits grew to ₹1,23,346 Cr from ₹1,07,526 Cr, an increase of 14.71% YoY. Retail Deposits grew by ₹15,366 Cr to ₹1,20,116 Cr, while NRI Deposits rose by ₹3,769 Cr to ₹35,371 Cr. CASA ratio improved to 32.12% from 31.37%, with Savings Bank deposits growing 17.24% YoY to ₹32,475 Cr and Current Deposits rising 18.51% to ₹7,146 Cr. On the advances side, Gross Advances grew by ₹12,695 Cr to ₹1,00,274 Cr, a YoY increase of 14.50%.

Within the advances portfolio, the Gold Loan portfolio grew by 45.62% YoY to ₹24,729 Cr from ₹16,982 Cr, while Mortgage Loans grew by 42.50% to ₹5,435 Cr from ₹3,814 Cr. Vehicle Loans grew 21.39% YoY to ₹2,412 Cr from ₹1,987 Cr, and the Business Segment grew 8.61% to ₹13,778 Cr from ₹12,686 Cr. The Corporate Segment grew by 6.83% to ₹38,670 Cr from ₹36,198 Cr, with the share of A and above rated accounts in large corporate segments standing at 99.10%.

Segment Performance and Balance Sheet

Retail Banking continued to be the largest contributor to the bank's standalone income, generating ₹5,34,006 lakh for the year, with Digital Banking contributing ₹85,304 lakh within this segment. Corporate/Wholesale Banking and Treasury segments reported revenues of ₹3,44,234 lakh and ₹2,59,637 lakh respectively, while Other Banking Operations contributed ₹47,722 lakh.

The standalone balance sheet as at March 31, 2026 reflects total assets of ₹1,41,75,630 lakh, up from ₹1,24,65,512 lakh a year ago. Deposits grew to ₹1,23,34,632 lakh from ₹1,07,52,560 lakh, while Advances increased to ₹99,25,980 lakh from ₹85,68,207 lakh. Investments stood at ₹27,32,771 lakh versus ₹21,77,718 lakh in the prior year. On a consolidated basis, total assets were ₹1,41,75,646 lakh and consolidated net profit for FY26 was ₹1,45,564 lakh, compared to ₹1,30,310 lakh in FY25.

Management Commentary

Commenting on the results, Mr. P.R. Seshadri, MD & CEO of the Bank, stated: "While announcing the financial results, I am pleased to share that our strategy continues to centre around sustained profitability, superior asset quality, a resilient loan book, and a robust retail liability portfolio. We are sharpening our organizational structure and leveraging digital technology to effectively achieve our business objectives. During the reporting period, the Bank witnessed consistent growth across all targeted segments, with a sharp focus on acquiring quality assets in verticals such as Corporate Lending, MSME, Auto Loans, Mortgage Loans, and Gold Loans. Aligned with our strategic intent of 'Profitability through Quality Credit Growth', we have successfully onboarded new advances with low-risk profiles, ensuring a well-balanced and healthy credit portfolio."

Dividend Declaration

The Board has recommended a dividend of ₹0.45 per equity share of face value Re.1/- each (45%) for the financial year ended March 31, 2026, up from ₹0.40 per equity share (40%) in the previous year. The total proposed dividend payout amounts to ₹11,779 lakh and is subject to shareholder approval at the ensuing Annual General Meeting. As per the revised Accounting Standard (AS) 4, the proposed dividend has not been recognised as a liability as on March 31, 2026; however, its effect has been reckoned in determining capital funds for the computation of capital adequacy ratios.

Awards and Accolades

South Indian Bank secured several prestigious recognitions during FY 2025-26, underscoring its commitment to banking technology and digital innovation. The bank won six awards at the IBA Banking Technology Awards, including Best Tech Talent & Organization (Winner), Best AI-ML Adoption (Runner-up), Best Tech Bank (Runner-up), Best Digital Sales (Runner-up), Best Fintech & Digital Payment Index Adoption (Special Mention), and Best IT & Risk Management (Special Mention). Additionally, the bank received a Silver award in the AI Vanguard category at the IBEX BFSI Tech Awards, and the Protean Digital Disruptors 2026 award by ET Brand Equity was awarded to its Chief Information Officer.

Auditor's Report

The Joint Statutory Auditors, M/s. M.P. Chitale & Co. (Firm Registration No. 101851W) and M/s. Borkar & Muzumdar (Firm Registration No. 101569W), provided an unmodified opinion on both the audited standalone and consolidated financial results for the year ended March 31, 2026. The auditors confirmed that the results give a true and fair view of the bank's financial position in conformity with applicable Accounting Standards, the Banking Regulation Act, 1949, and RBI Guidelines. The results were signed by Managing Director & CEO P R Seshadri (DIN: 07820690) at Kochi on May 06, 2026.