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South Indian Bank Q2 Net Profit Jumps 21 Percent To Rs 426 Crore
- •South Indian Bank reported a 21 percent rise in net profit to Rs 426 crore for the second quarter ended September 30.
- •Total income increased to Rs 3,264 crore in the second quarter compared to Rs 2,923 crore in the same period of the previous fiscal year.
- •Gross non-performing assets moderated significantly to 1.24 percent of gross advances against 2.93 percent a year ago.
- •Net NPAs or bad loans improved to 0.09 percent at the end of September 2026 from 0.56 percent in the previous year.
Key Questions Answered
South Indian Bank reported a 21 per cent rise in net profit to Rs 426 crore for the second quarter ended September 30. This compares to a net profit of Rs 351 crore recorded in the September quarter of the previous fiscal year.
Gross non-performing assets moderated to 1.24 per cent of gross advances at the end of September 2026 compared to 2.93 per cent a year ago. Meanwhile, net NPAs or bad loans improved to 0.09 per cent from 0.56 per cent at the end of the same month a year earlier.
The bank's total income increased to Rs 3,264 crore in the second quarter from Rs 2,923 crore in the same period of the previous fiscal year. Interest income also climbed to Rs 2,796 crore in the September quarter of FY27 compared to Rs 2,407 crore in the year-ago period.
