South Indian Bank Ltd

The bank's gross advances grew by 1.7% from Rs 86,966 crore as of 31 December 2024. The bank's total deposits stood at Rs 1,07,526 crore as of 31 March 2025, recording a growth of 5.50% year on year (YoY) and 2.03% quarter on quarter (QoQ). CASA stood at Rs 33,730 crore as of 31 March 2025, up 3.17% YoY and rose 2.74% QoQ. The CASA ratio declined to 31.37% in the fourth quarter of FY25 as against 32.08% posted in Q4 FY24 and 32.08% in Q3 FY25. South Indian Bank provides retail and corporate banking and para-banking activities such as debit cards and third-party product distribution, in addition to treasury and foreign exchange business. The bank's standalone net profit advanced 12% to Rs 341.87 crore in Q3 FY25 as against Rs 305.36 crore recorded in Q3 FY24. Total income grew by 6.9% year on year to Rs 2,817.96 crore during the quarter. Shares of South Indian Bank rose 0.51% to Rs 23.80 on the BSE.Powered by Capital Market - Live

South Indian Bank has allotted 3131 equity shares under ESOS on 24 March 2025. Consequently, the issued and subscribed capital of Bank stands increased to Rs. 261,63,01,291/- divided into 261,63,01,291 equity shares of Re.1/- each. Powered by Capital Market - Live

The key equity indices traded near the flatline in early afternoon trade. The Nifty traded below the 23,050 mark after hitting the day's high of 23,144.25 in mid-morning trade. Media shares extended losses for the second consecutive trading session. The market is expected to be volatile ahead of Q3 results from major Nifty stocks like HDFC Bank, Hindustan Unilever, and Bharat Petroleum Corporation. At 12:30 IST, the barometer index, the S&P BSE Sensex, rose 20.84 points or 0.04% to 75,865.87. The Nifty 50 index declined 7.70 points or 0.03% to 23,016.95. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index dropped 2.25% and the S&P BSE Small-Cap index fell 2.60%. The market breadth was weak. On the BSE, 797 shares rose and 3,005 shares fell. A total of 129 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 0.33% to 17.11. The Nifty 30 January 2025 futures were trading at 23,070.85, at a premium of 53.9 points as compared with the spot at 23,016.95. The Nifty option chain for the 30 January 2025 expiry showed a maximum call OI of 147.3 lakh contracts at the 23,100 strike price. Maximum put OI of 139.1 lakh contracts was seen at 23,000 strike price. Buzzing Index: The Nifty Media index dropped 2.60% to 1,649.75. The index tumbled 4.05% in two consecutive trading sessions. Hathway Cable & Datacom (down 4.28%), Network 18 Media & Investments (down 4.09%), Den Networks (down 3.34%), Zee Entertainment Enterprises (down 3.28%), Tips Music (down 2.93%), Dish TV India (down 2.36%), Saregama India (down 2.26%), PVR Inox (down 1.95%), Sun TV Network (down 1.3%) and Nazara Technologies (down 1.19%) declined. Stocks in Spotlight: South Indian Bank jumped 3.33% after the bank's standalone net profit increased 11.95% to Rs 341.87 crore in Q3 FY25 as against Rs 305.36 crore recorded in Q3 FY24. Total income jumped 6.88% year on year to Rs 2,817.96 crore in the third quarter of 2025. Tanla Platforms tumbled 6.76% after the company's consolidated net profit declined 15.43% to Rs 118.51 crore on a 0.21% fall in net sales to Rs 1,000.43 crore in Q3 FY25 over Q3 FY24. Neuland Laboratories gained 4.07% after its board approved a capital expenditure of Rs 342 crore to expand the peptide synthesizer reactor capacity at Unit-1 from 0.5 KL to 6.37 KL and to add 52 KL of capacity at Unit-3.Powered by Capital Market - Live

Total income jumped 6.88% year on year to Rs 2,817.96 crore in the third quarter of 2025. Net interest income (NII) was at Rs 869.2 crore during the quarter, up 6% on YoY basis. Operating profit was at Rs 528.84 crore in Q3 FY25, up by 9.38% from Rs 483.45 crore in Q3 FY24. Provisions (other than tax) and contingencies stood at Rs 66.04 crore in Q3 FY25, up 36.02% from Rs 48.55 crore reported in Q3 FY24. Profit before tax in Q3 FY25 stood at Rs 462.8 crore, up by 6.41% from as compared with Rs 434.9 crore in Q3 FY24. Bank's retail deposit jumped 7.71% YoY to Rs 1,02,420 crore in Q3 FY25 from Rs 95,088 crore in Q3 FY24. Gross advances stood at Rs 86,966 crore in Q3 FY25, showing an increase of 11.95% on Y-o-Y basis. CASA was at Rs 32,830 crore as on 31 December 2024, up 4.13% YoY. CASA ratio stood at Rs 31.15% as on 31 December 2024 as against 31.80% as on 31 December 2023. Bank's personal loan book grew by Rs 63 crore from Rs 2,186 crore to Rs 2,249 crore, showing an increase of 2.88% on YoY basis. During the quarter, gold loan portfolio jumped 10.39% YoY from Rs 15,369 crore to Rs 16,966 crore. On the asset quality front, the ratio of gross NPAs to gross advances was at 4.30% as on 31 December 2024 as compared to 4.74% as on 31 December 2023. The ratio of net NPA to net advances stood at 1.25% as on 31 December 2024 as against 1.61% as on 31 December 2023. Gross NPA stood at Rs 3,735.56 crore as on 31 December 2024 as against Rs 3,682.4 crore as on 31 December 2024 and Rs 3,731.31 crore as on 31 September 2024. P.R. Seshadri, MD & CEO of the bank, said, 'The strategy adopted by the bank continues to enable the business performance. During the period, Bank registered growth in all the desired segments with a focus on quality assets across all verticals: corporate, housing loan, auto loan, personal loan, gold loan, etc. He also stated that, in line with the strategic intent of the bank, viz., 'Profitability through quality credit growth, the bank could onboard fresh advances with a low risk profile.' South Indian Bank provides retail and corporate banking and parabanking activities such as debit cards and third-party product distribution, in addition to Treasury and foreign exchange business. Powered by Capital Market - Live

Total income jumped 6.88% year on year to Rs 2,817.96 crore in the third quarter of 2025. Net interest income (NII) was at Rs 869.2 crore during the quarter, up 6% on YoY basis. Operating profit was at Rs 528.84 crore in Q3 FY25, up by 9.38% from Rs 483.45 crore in Q3 FY24. Provisions (other than tax) and contingencies stood at Rs 66.04 crore in Q3 FY25, up 36.02% from Rs 48.55 crore reported in Q3 FY24. Profit before tax in Q3 FY25 stood at Rs 462.8 crore, up by 6.41% as compared with Rs 434.9 crore in Q3 FY24. Bank's total deposit jumped 6.28% YoY to Rs 1,05,378 crore in Q3 FY25 from Rs 99,155 crore in Q3 FY24. Gross advances stood at Rs 86,965 crore in Q3 FY25, showing an increase of 11.94% on Y-o-Y basis. The CASA ratio was reduced to 31.16% as on 31 December 2024, as against 31.8% as on 31 December 2023. On the asset quality front, the ratio of gross NPAs to gross advances was at 4.30% as on 31 December 2024 as compared to 4.74% as on 31 December 2023. The ratio of net NPA to net advances stood at 1.25% as on 31 December 2024 as against 1.61% as on 31 December 2023. Gross NPA stood at Rs 3,735.56 crore as on 31 December 2024 as against Rs 3,682.4 crore as on 31 December 2024 and Rs 3,731.31 crore as on 31 September 2024. South Indian Bank has provides retail and corporate banking, parabanking activities such as debit/credit cards, and third-party financial product distribution, in addition to Treasury and Foreign Exchange business. Shares of South Indian Bank tumbled 4.37% to Rs 25.83 on the BSE.Powered by Capital Market - Live

Net profit of South Indian Bank rose 11.99% to Rs 342.00 crore in the quarter ended December 2024 as against Rs 305.38 crore during the previous quarter ended December 2023. Total Operating Income rose 8.55% to Rs 2370.77 crore in the quarter ended December 2024 as against Rs 2184.09 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Total Operating Income2370.772184.09 9 OPM %64.0061.71 - PBDT462.93434.95 6 PBT462.93434.95 6 NP342.00305.38 12 Powered by Capital Market - Live

South Indian Bank will hold a meeting of the Board of Directors of the Company on 21 January 2025.Powered by Capital Market - Live

South Indian Bank announced that Anto George T, Chief General Manager - 'HR and Operations' is designated as 'Chief Operating Officer (COO)' of the Bank w.e.f 22 December 2024.Powered by Capital Market - Live

South Indian Bank will hold a meeting of the Board of Directors of the Company on 29 November 2024Powered by Capital Market - Live

South Indian Bank has allotted 2,674 equity shares under ESOP on 24 October 2024. With this allotment, the paid up equity share capital has increased to Rs. 261,62,80,535/- divided into 261,62,80,535 equity shares of Re.1/- each.Powered by Capital Market - Live