South Indian Bank Ltd

South Indian Bank announced that the Annual General Meeting(AGM) of the bank will be held on 20 August 2026.

Total income increased marginally by 0.76% year-on-year to Rs 3,007.30 crore in the first quarter of FY27. Net interest income (NII) stood at Rs 1,025 crore in Q1 FY27, registering a growth of 23.05% year-on-year. Operating profit declined 11.90% year-on-year to Rs 592 crore in Q1 FY27, from Rs 672 crore in Q1 FY26. Provisions (other than tax) and contingencies stood at Rs 84 crore in Q1 FY27, down 64.85% from Rs 239 crore in Q1 FY26. Profit before tax stood at Rs 507.46 crore in Q1 FY27, up 17.21% compared with Rs 432.94 crore in Q1 FY26. The bank's retail deposits increased 13.66% year-on-year to Rs 1,24,306 crore in Q1 FY27, from Rs 1,09,368 crore in Q1 FY26. Gross advances increased 17.01% year-on-year to Rs 1,04,368 crore, from Rs 89,198 crore in the year-ago period. CASA stood at Rs 41,495 crore as of June 30, 2026, up 14.61% year-on-year. CASA ratio improved to 32.98% as of June 30, 2026, from 32.06% as of June 30, 2025. Corporate advances increased 12.38% year-on-year to Rs 41,704 crore in Q1 FY27, from Rs 37,110 crore in Q1 FY26, driven by growth in well-rated borrower accounts. The gold loan portfolio surged 42.90% year-on-year to Rs 24,930 crore in Q1 FY27, from Rs 17,446 crore in Q1 FY26. Business segment advances grew 13.67% year-on-year to Rs 14,391 crore in Q1 FY27, from Rs 12,660 crore in Q1 FY26. Mortgage loan portfolio increased 78.65% year-on-year to Rs 5,856 crore in Q1 FY27, from Rs 3,278 crore in Q1 FY26. Vehicle loan segment grew 12.63% year-on-year to Rs 2,497 crore in Q1 FY27, from Rs 2,217 crore in Q1 FY26. Gross non-performing assets (GNPA) declined to Rs 1,437.67 crore in Q1 FY27, from Rs 2,806.57 crore in Q1 FY26. Net non-performing assets (NNPA) reduced to Rs 267.47 crore in Q1 FY27, from Rs 591.38 crore in Q1 FY26. Gross NPA (GNPA) ratio improved by 177 basis points year-on-year to 1.38% in Q1 FY27, from 3.15% in Q1 FY26. Net NPA (NNPA) ratio declined by 42 basis points year-on-year to 0.26% in Q1 FY27, from 0.68% in Q1 FY26. P R Seshadri, MD & CEO of the Bank: 'While announcing the financial results, I am pleased to share that our strategy continues to center around sustained profitability, superior asset quality, a resilient loan book, and a robust retail liability portfolio. We are sharpening our organizational structure and leveraging digital technology to effectively achieve our business objectives. 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, Auto 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.' South Indian Bank provides retail and corporate banking services, along with para-banking activities including debit and credit cards, third-party financial product distribution, treasury and foreign exchange services. The scrip shed 0.42% to end at Rs 45.33 on the BSE.Powered by Capital Market - Live

Net profit of South Indian Bank rose 17.22% to Rs 377.66 crore in the quarter ended June 2026 as against Rs 322.17 crore during the previous quarter ended June 2025. Total Operating Income rose 11.23% to Rs 2627.81 crore in the quarter ended June 2026 as against Rs 2362.44 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Total Operating Income2627.812362.44 11 OPM %65.8756.78 - PBDT507.50433.24 17 PBT507.50433.24 17 NP377.66322.17 17 Powered by Capital Market - Live

South Indian Bank will hold a meeting of the Board of Directors of the Company on 16 July 2026.

Pai, 50, is currently serving as Chief General Manager at Canara Bank, where he heads digital banking and innovation. He has nearly three decades of experience across governance, strategy, treasury, foreign exchange, retail banking, agriculture and MSME credit. During his tenure at Canara Bank, Pai has led several strategic initiatives, including the establishment of the bank's gold loan vertical, and has also headed one of its largest operational zones. His international experience includes a stint in the bank's New York operations. Pai has previously served as a director of Canara Bank Tanzania Ltd and represented the bank on industry bodies, including the Fixed Income Money Market and Derivatives Association of India (FIMMDA), SWIFT India Domestic Services Pvt Ltd and the Secondary Loan Market Association. He currently serves as a director on the boards of Karnataka State Financial Corporation and Canara Bank Securities. According to the bank, Pai is recognised for his strategic leadership, execution capabilities and experience across the full spectrum of universal banking. The bank also said he is not related to any of its existing directors. South Indian Bank provides retail and corporate banking, para banking activities such as debit / credit card, third party financial product distribution, in addition to Treasury and Foreign Exchange Business. The company's standalone net jumped 19.1% to Rs 407.50 crore in Q4 FY26 as against Rs 342.19 crore in Q4 FY25. Total income shed 0.01% to Rs 2,945.42 crore in Q4 FY26 as against Rs 2,945.81 crore in Q4 FY25. The counter fell 4.88% to Rs 45.40 on the BSE. Powered by Capital Market - Live

South Indian Bank has received the approval of Reserve Bank of India for the appointment of Mahesh Muralidhar Pai (DIN: 09164982) as Managing Director & CEO of the Bank for a period of three years with effect from 01 October 2026. Further, an agenda for appointment of Mahesh Muralidhar Pai (DIN: 09164982) as the Managing Director & CEO of the Bank will be placed to the Board meeting scheduled to be held on 16 July 2026 and the approval of the shareholders shall be obtained thereafter.

South Indian Bank has allotted 4,47,177 equity shares under ESOS on 24 June 2026. Consequently, as on 24 June 2026 the Issued and Subscribed Capital of Bank stands increased to Rs.2,61,80,66,063.00 divided into 2,61,80,66,063 equity shares of Re.1/- each.

South Indian Bank has allotted 26,996 equity shares under ESOS on 22 May 2026. Consequently, as on 22 May 2026 the Issued and Subscribed Capital of Bank stands increased to Rs.261,76,18,886.00 divided into 261,76,18,886 equity shares of Re.1/- each.

Net profit of South Indian Bank rose 18.98% to Rs 407.40 crore in the quarter ended March 2026 as against Rs 342.41 crore during the previous quarter ended March 2025. Total Operating Income rose 7.84% to Rs 2559.48 crore in the quarter ended March 2026 as against Rs 2373.44 crore during the previous quarter ended March 2025. For the full year,net profit rose 11.71% to Rs 1455.64 crore in the year ended March 2026 as against Rs 1303.10 crore during the previous year ended March 2025. Total Operating Income rose 4.60% to Rs 9846.50 crore in the year ended March 2026 as against Rs 9413.31 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Total Operating Income2559.482373.44 8 9846.509413.31 5 OPM %70.5258.65 -64.5662.38 - PBDT546.53459.25 19 1956.511757.07 11 PBT546.53459.25 19 1956.511757.07 11 NP407.40342.41 19 1455.641303.10 12 Powered by Capital Market - Live

South Indian Bank announced that the Board of Directors of the Company at its meeting held on 06 May 2026, has recommended a Final Dividend of Rs.0.45 per share (i.e.45%), subject to the approval of the shareholders.