Gross advances stood at ₹89,201 crore, reflecting an 8.02% year-on-year increase from ₹82,580 crore as of June 30, 2024. Sequentially, gross advances rose from ₹87,579 crore in the previous quarter. Total deposits reached ₹1,12,922 crore, up 9.07% compared to ₹1,03,532 crore a year earlier.
The bank’s current and savings account (CASA) deposits rose 9.06% year-on-year to ₹36,204 crore, maintaining a CASA ratio of 32.06% — the same as in the year-ago quarter and higher than the 31.37% recorded in the March 2025 quarter.
Fourth Quarter Results
South Indian Bank reported a net profit of ₹342.2 crore in the March quarter. This was up 19% from ₹287.6 crore it reported in the fourth quarter of the last financial year.
Also Read: South Indian Bank Q2 Results: Other income aids net profit; Asset quality improves
South Indian Bank’s net interest income (NII) declined 0.7% to ₹868.3 crore in the March quarter from ₹874.4 crore in the year-ago period. Its gross non-performing assets (NPA) were at 3.2% in the fourth quarter. The same was 4.3% in the third quarter of the financial year 2025.
South Indian Bank’s net NPA for the fourth quarter was at 0.92% in comparison to 1.25% in the previous quarter. Slippages for the quarter saw a significant reduction to ₹206 crore, compared to ₹291 crore during the December quarter.
South Indian Bank in its fourth quarter business update reported gross advances of 88,447 crore, which was nearly 10% more than the 80,426 crore in the year-ago period. Its retail deposit increased 7.44% to 1.05 lakh crore from 1.01 lakh crore in the fourth quarter of FY24.
Shares of South Indian Bank Ltd ended at ₹31.57, up by ₹0.77, or 2.50%, on the BSE.
Also Read: South Indian Bank sees MSME, retail driving FY26 loan growth, but margins may shrink
