The South Indian Bank Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The bank reported a record quarterly Net Profit of ₹374.32 Crore for Q3 FY26, marking a 9% growth compared to ₹341.87 Crore in the same quarter of the previous fiscal year.

For the nine-month period ending December 2025, the Net Profit increased by 9% to ₹1047.64 Crore, up from ₹960.69 Crore in the corresponding period of FY25. Pre-Provisioning Operating Profit for the quarter saw a 10% increase, rising from ₹528.84 Crore in Q3 FY25 to ₹584.33 Crore in Q3 FY26. Non-Interest Income grew by 19% year-on-year, from ₹409.22 Crore to ₹485.93 Crore.

The bank demonstrated positive operating leverage for the nine months ended December 2025, with a 7.44% increase in Net Total Income against a 3.61% increase in Operating Expense compared to the previous year. Asset quality improved significantly, with Gross NPA reducing by 163 basis points to 2.67% and Net NPA dropping by 80 basis points to 0.45% year-on-year. The Provision Coverage Ratio (PCR) also saw substantial improvement.

On the deposit front, Retail Deposits grew by 13% year-on-year to ₹1,15,563 Crore, and NRI Deposits increased by 9% to ₹33,965 Crore. CASA grew by 15% year-on-year, with Savings Bank accounts up by 14% and Current Accounts by 20%. Gross Advances grew by 11% year-on-year to ₹96,764 Crore. Significant growth was observed in the Gold Loan portfolio, up 26%, and Vehicle Loans, up 24%. The bank's Capital Adequacy Ratio stood strong at 17.84% as of December 2025.

Mr. P. R. Seshadri, MD & CEO, stated that the bank's strategy continues to drive strong business performance, with healthy growth across segments and a focus on maintaining asset quality. He emphasized the bank's commitment to quality credit growth, prudent risk management, and value creation for stakeholders.