South Indian Bank declared net profit of ₹1,455.14 crore for the FY 25-26 registering a growth of 11.69% compared to ₹1,302.88 crore in FY 24-25.

The bank recorded highest ever business of ₹2,23,620 crore in the history of the Bank and highest ever Net Profit of ₹1,455 crore. The bank also scored the highest ever Operating Profit of ₹2,373 crore and highest Non-Interest Income of ₹2,009 crore in the history of the Bank, a press release from the bank said. The Board of Directors had recommended 45% Dividend subject to approval of the Shareholders in AGM, it added

“While announcing the financial results, I am pleased to share that our strategy continues to centre around sustained profitability, superior asset quality, a resilient loan book, and a robust retail liability portfolio. We are sharpening our organisational structure and leveraging digital technology to effectively achieve our business objectives,” said P.R. Seshadri, MD & CEO of the Bank.

During the reporting period, 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 on-boarded new advances with low-risk profiles, ensuring a well-balanced and healthy credit portfolio. The Bank’s financial results include the financial results of its wholly owned subsidiary SIBOSL, he added.