South Indian Bank posted steady growth in its Q3 results for FY2025-26, with higher income, profits and improved asset quality compared to the same quarter last year.
Total income for the quarter rose 8 per cent to Rs 3,003 crore, up from Rs 2,780 crore a year ago. Interest earned rose 6.2 per cent to Rs 2,517 crore from Rs 2,371 crore a year ago.
Net profit after tax grew 9.5 per cent year-on-year to Rs 37,432 lakh versus Rs 34,187 lakh in Q3 last fiscal.
Gross Non-Performing Assets (NPA) declined to Rs 2,581.5 crore as of 31 December 2025. This represented a marked reduction in bad loans, especially since a year ago, gross NPA stood at Rs 3,735.6 crore.
The gross NPA ratio also improved to 2.67 per cent of gross advances from 4.30 per cent a year ago, indicating stronger overall asset quality.
The net NPA ratio also eased to 0.45 per cent from the end of last December’s 1.25 per cent, as better provisioning and recoveries benefited the sector.
BFSI retail investors hope for the best this earnings season, with HDFC Bank, ICICI Bank, IDBI Bank, YES Bank, UCO Bank, Punjab Sind Bank, and RBL Bank scheduled to post their quarterly numbers on Saturday.
Federal Bank is scheduled to report its Q3 results on Friday, while Indian Overseas Bank and Union Bank of India posted their earnings on Friday.
