South Indian Bank Ltd. announced its financial results for the first quarter ended June 30, 2025 (Q1 FY26) today, reporting a 10% year-on-year (YoY) growth in net profit at ₹322 crore compared to ₹294 crore in the same quarter last year.
However, the bank’s Net Interest Income (NII) declined by 4% YoY to ₹832 crore from ₹865 crore in Q1 FY25.
On the asset quality front, the bank showed improvement. Gross Non-Performing Assets (NPA) fell to 3.15% from 3.20% in the previous quarter, and Net NPA improved to 0.68% from 0.92% QoQ.
The earnings highlight steady profitability despite muted NII growth, aided by better asset quality metrics.
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