Thrissur based South Indian Bank has registered a 19 per cent growth in its net profit at ₹408 crore in Q4 of FY26 against ₹342 crore in the corresponding period of the previous fiscal.

The net profit for the whole FY26 was ₹1,455.14 crore, registering a growth of 12 per cent compared to ₹1,302.88 crore in FY25.

The bank achieved highest ever business of ₹2,23,620 crore and operating profit of ₹2,373 crore. The gross NPA dropped by 177 bps from 3.20 per cent to 1.43 per cent on Y-oY basis and net NPA reduced by 63 bps from 0.92 per cent to 0.29 per cent.

The board of directors had recommended 45 per cent dividend. Retail deposits grew by ₹15,366 crore from ₹1,04,750 crore to ₹1,20,116 crore, an increase of 15 per cent.

NRI deposits grew by ₹3,769 crore from ₹31,602 crore to ₹35,371 crore, an increase of 12 per cent. Gold loan portfolio grew by ₹7,747 crore from ₹16,982 crore to ₹24,729 crore, an increase of 46 per cent.

P.R. Seshadri, Managing Director & CEO said the bank witnessed consistent growth across all targeted segments with a sharp focus on acquiring quality assets in verticals such as corporate lending, MSME, auto loans, mortgage loans and gold loans. “Aligned with our strategic intent of profitability through quality credit growth, we have successfully onboarded new advances with low-risk profiles ensuring a well balanced and healthy credit portfolio”, he said.

Published on May 6, 2026