South Indian Bank Reports 10% Profit Growth, Crosses ₹2 Lakh Crore Business Milestone in Q1 2 days ago
South Indian Bank reported robust Q1 results with net profit up 10% to ₹322 crores and operating profit rising 32% to ₹672 crores year-on-year. The bank's total business surpassed ₹2 lakh crore, growing 9% to ₹2,02,119 crores. Asset quality improved significantly with gross NPA reducing to 3.15% and net NPA to 0.68%. Key financial metrics showed strength with ROA at 1.01% and ROE at 12.41%. The bank saw growth across various loan segments, including a 66% increase in home loans. Management expects credit growth to exceed 12% for the fiscal year.
South Indian Bank: Q1 Profit Up 10% YoY Despite NII Dip, Asset Quality Improves 9 days ago
South Indian Bank Announces Board Meeting to Discuss Fund Raising Plans Jul 10, 2025
South Indian Bank Reports Robust Growth in Advances and Deposits for Q1 Jul 02, 2025
South Indian Bank: Q1 Gross Advances Grow 8%, Deposits Rise 9% Jul 01, 2025
South Indian Bank: Q4 Profit Surges 58%, Shares Hit 9-Month High
South Indian Bank announced strong Q4 FY2024 results with net profit rising 57.60% to ₹683.00 crore. The bank's Gross Non-Performing Assets improved to 3.20%. Gross advances grew by 10.00% to ₹88,447.00 crore, while retail deposits increased by 7.44% to ₹1.05 lakh crore. The bank declared a dividend of ₹0.40 per share, and its stock reached a nine-month high, rising 1.39% to ₹27.25.
14May 25
South Indian Bank to Announce Q4 Results and FY24 Dividend on May 15
South Indian Bank will disclose its Q4 and FY24 financial results on May 15, 2023. The board will review and approve the results, and consider a dividend recommendation for FY24. An earnings call is scheduled for May 16 to discuss the performance. The trading window for designated persons is closed from April 1 to May 17, 2023.
03Apr 25
South Indian Bank Reports Robust Growth in Advances and Deposits for FY 2025
South Indian Bank's provisional figures for FY 2025 show significant growth. Gross advances increased by 9.97% to Rs 88,447.00 crore. Total deposits grew by 5.50% to Rs 107,526.00 crore, with retail deposits up 7.44%. CASA deposits rose by 3.17% to Rs 33,730.00 crore, although the CASA ratio slightly decreased from 32.08% to 31.37%.
02Apr 25
South Indian Bank Reports Robust Growth in Advances and Deposits for FY 2025
South Indian Bank's provisional figures for FY 2024-25 show significant growth. Gross advances increased by 9.97% to Rs 88,447.00 crore, while total deposits grew by 5.50% to Rs 107,526.00 crore. Retail deposits rose by 7.44% to Rs 105,011.00 crore, and CASA deposits increased by 3.17% to Rs 33,730.00 crore. The bank also reported timely interest payments on its bonds and compliance with securities dematerialization regulations.