South Indian Bank532218Quarterly results

Q2 FY 2026-27: Highest ever quarterly net profit of Rs. 426.13 crore; Gross NPA at 1.24%

Unaudited results for the quarter/half year ended 30 September 2026.

By ScoutQuest · Thu 15 Oct 2026, 2:41 PM IST · 2 min read

Net Profit: Rs. 426.13 Cr, growth of 21.28% year on year
Net Interest Income: Rs. 1,116 Cr
Gross NPA / Net NPA: Gross NPA 1.24%; Net NPA 0.09%

Snapshot of the quarter

South Indian Bank has enclosed a press release on its unaudited financial results for the quarter and half year ended 30 September 2026. The release describes the quarter as recording the highest ever quarterly net profit of Rs. 426.13 Cr, a growth of 21.28% on a year-on-year basis.

Profitability

Net Interest Income: Rs. 1,116 Cr, which the release describes as the highest ever
Operating Profit: Rs. 732 Cr
Net Interest Margin is stated to have improved on a year-on-year basis

Asset quality

Gross NPA: 1.24%, which the release states came down on a year-on-year basis
Net NPA: 0.09%, also stated to have dropped on a year-on-year basis
The Provision Coverage Ratio, both excluding and including write offs, is stated to have increased on a year-on-year basis

Loan book and deposits

Gross advances: Rs. 109,517 Cr
Retail deposits: Rs. 1,29,353 Cr
The release also reports growth on a year-on-year basis in NRI deposits, CASA (with growth in both savings bank and current account), the gold loan portfolio, the business segment, mortgage loans and the vehicle loan segment, and states that 99.10% of the large corporate segment is rated A & Above

What the MD & CEO said

Mr. Mahesh Muralidhar Pai, MD & CEO of the bank, says in his statement that the strategy continues to centre around sustained profitability, superior asset quality, a resilient loan book and a robust retail liability portfolio. He also mentions sharpening the organisational structure, using digital technology to achieve business objectives, and a focus on quality assets in corporate lending, MSME loans, housing loans, auto loans and gold loans.

How a reader can use this

The release gives profit, interest income, advance, deposit and asset-quality figures side by side with the year-ago position, so an investor can track the direction of each of these numbers. It also notes that the financial results include the financial results of the bank's wholly owned subsidiary SIBOSL.

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