The Thirssur-based South Indian Bank has registered a 9 per cent growth in its net profit in Q3 of FY26 at ₹374.32 crore against ₹341.87 crore in Q3 FY 2024-25.
The net profit of the bank for the 9 months has increased by 9 per cent to ₹1047.64 crore for December 25 when compared with ₹960.69 crore for December 24.
P.R.Seshadri, Managing Director & CEO said the bank’s well-defined strategy continues to underpin its strong business performance. 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.
In line with the strategic intent of achieving Profitability through Quality Credit Growth, the bank successfully on-boarded fresh advances with a low risk profile. This approach reflects the bank’s continued commitment to sustainable growth, prudent risk management and value creation for all stakeholders, he said.
The capital adequacy ratio stood at 17.84 per cent in December 2025, indicating a strong capital position, underscoring the bank’s sound capital management practices and capacity to support future business growth, he said.
Pre-Provisioning operating profit for quarter is up by 10 per cent from ₹528.84 crore in Q3 FY25 to ₹584.33 crore in Q3 FY26. Gross NPA reduced by 163 bps from 4.30 per cent to 2.67 per cent on Y-o-Y basis, while Net NPA dropped by 80 bps from 1.25 per cent to 0.45 per cent.
Retail deposit grew by ₹13,142 crore from ₹1,02,421 crore to ₹1,15,563 crore, an increase of 13 per cent. NRI deposit grew by ₹2,833 crore from ₹31,132 crore to ₹33,965 crore. CASA grew by 15 per cent with growth in Savings Bank by 14 per cent and Current Account by 20 per cent.
Gross advances grew by ₹9,798 crore from ₹86,966 crore to ₹96,764 crore, an increase of 11 per cent. Corporate segment went up by ₹3,397 crore from ₹34,956 crore to ₹38,353 crore, an increase of 10 per cent.
Published on January 16, 2026
