South Indian Bank's Q2 FY 2025-26 Quarterly Results

Result Summary

• South Indian Bank Ltd reported a 2.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.2%.
• Its expenses for the quarter were up by 3.2% QoQ and 5.9% YoY.
• The net profit increased 9.1% QoQ and increased 8.3% YoY.
• The earnings per share (EPS) of South Indian Bank Ltd stood at 1.34 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

South Indian Bank Ltd is a prominent financial institution in India, primarily engaged in offering a wide range of banking products and services. Its operations are centered around retail banking, corporate banking, and treasury services, with a significant focus on providing personalized banking solutions to its customers. The bank operates within the Indian financial sector, a dynamic industry characterized by rapid technological advancements and regulatory changes. As of the latest available data, there are no specific recent major developments mentioned for South Indian Bank Ltd within the provided data.

Revenue

In the second quarter of the fiscal year 2026, South Indian Bank Ltd reported a total income of ₹2922.57 crores. This figure represents a decrease of 2.1% compared to the previous quarter, Q1FY26, where the total income was ₹2984.13 crores. However, when compared year-over-year to Q2FY25, the total income increased by 4.2%, up from ₹2804.07 crores. This data indicates a quarterly decline but an annual growth in total income, reflecting the variability in revenue streams across different periods.

Profitability

For Q2FY26, South Indian Bank Ltd achieved a profit before tax (PBT) of ₹472.58 crores, which marks a 9.1% increase from the previous quarter, Q1FY26, where the PBT was ₹433.24 crores. On a year-over-year basis, the PBT grew by 7.3% from ₹440.34 crores in Q2FY25. The profit after tax (PAT) for Q2FY26 was ₹351.59 crores, up 9.1% from Q1FY26's ₹322.17 crores and 8.3% higher than Q2FY25's ₹324.79 crores. Earnings per share (EPS) also saw an improvement, increasing to ₹1.34 in Q2FY26 from ₹1.23 in the previous quarter and ₹1.24 in the same quarter last year. These metrics demonstrate an overall improvement in profitability despite fluctuations in revenue.

Operating Metrics

Total expenses for South Indian Bank Ltd in Q2FY26 were ₹2386.72 crores, reflecting a 3.2% increase from the previous quarter's expenses of ₹2311.63 crores. Compared to the same quarter of the previous year, Q2FY25, total expenses rose by 5.9% from ₹2253.72 crores. The provisions and contingencies in Q2FY26 were notably lower at ₹63.27 crores, a significant reduction of 73.6% from Q1FY26 and a 42.5% decrease from Q2FY25. The tax expense for Q2FY26 amounted to ₹120.99 crores, showing an 8.9% increase from Q1FY26 and a 4.7% rise from Q2FY25. These figures highlight key operational metrics that contribute to understanding the bank's financial health and operational efficiency over the quarters.