South Indian Bank posts record INR 321.95 crore profit
South Indian Bank reported record net profit of INR 321.95 crore for Q1 FY 2025-26, up 9.46% from INR 294.13 crore last year, alongside its highest ever business of INR 2,02,119 crore.
Operating profit surged 32.41% to INR 672.20 crore. The bank significantly improved asset quality with Gross NPA falling to 3.15% (down 135 bps) and Net NPA to 0.68% (down 76 bps).
Total deposits grew 9.65% to INR 1,09,368 crore while gross advances rose 8.01% to INR 89,198 crore, driven by personal loans (26% growth) and housing loans (66% growth).
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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