FilingReader Intelligence

South Indian Bank profit rises 10% in Q1

July 17, 2025 at 01:50 PM UTCBy FilingReader AI

South Indian Bank reported profit after tax up 10% year-over-year to INR 322 crore in Q1 FY26. Gross advances grew 8% to INR 89,198 crore while deposits increased 9% to INR 112,922 crore.

Asset quality improved with gross non-performing assets at 3.15% and net non-performing assets at 0.68%. The bank noted 88% of current gross non-performing assets were attributed to its old loan book.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:SOUTHBANKBombay Stock Exchange

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