South Indian Bank Ltd's Q4FY25 Quarterly Results

Result Summary

• South Indian Bank Ltd reported a 7.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 13.1%.
• Its expenses for the quarter were down by 4.4% QoQ and up 24.5% YoY.
• The net profit decreased 16.0% QoQ and decreased 13.9% YoY.
• The earnings per share (EPS) of South Indian Bank Ltd stood at 1.4 during Q4FY25.

Financial Statments for Q4FY25

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 significant player in the Indian banking sector, offering a comprehensive range of banking products and services. The bank primarily operates in the commercial banking industry, providing services such as loans, deposits, and various financial products tailored to both individual and corporate clients. As a well-established entity, it has a broad network across India, aiming to cater to a diverse customer base. The bank is known for its focus on customer satisfaction and technological advancements in banking services. Recent developments in the banking industry, including digital transformation and regulatory changes, are likely to influence its operations, although specific recent developments for South Indian Bank Ltd are not detailed in the provided data.

Revenue

In Q4FY25, South Indian Bank Ltd recorded a total income of ₹2,620.55 crores. This represents a quarter-over-quarter (QoQ) decline of 7.0% from ₹2,817.84 crores in Q3FY25. However, on a year-over-year (YoY) basis, there was a 13.1% increase compared to ₹2,317.50 crores in Q4FY24. The fluctuations in total income highlight the variations in the bank's revenue streams over the quarters and the fiscal year. Despite the QoQ decline, the YoY growth suggests an overall increase in the bank's income generation capabilities over the year.

Profitability

Profitability metrics for South Indian Bank Ltd during Q4FY25 indicate a profit before tax of ₹392.59 crores, showing a decrease of 15.2% QoQ from ₹462.93 crores in Q3FY25 and a YoY decline of 24.8% from ₹522.07 crores in Q4FY24. The profit after tax for Q4FY25 stands at ₹287.33 crores, which is a reduction of 16.0% QoQ from ₹342.00 crores in the previous quarter and a decrease of 13.9% YoY from ₹333.53 crores in the same quarter of the previous year. The tax expense for the quarter was ₹105.26 crores, down by 13.0% QoQ and 44.2% YoY. These metrics reflect changes in the bank’s profitability and tax obligations over the examined periods.

Operating Metrics

The total expenses for South Indian Bank Ltd in Q4FY25 amounted to ₹2,187.34 crores, showing a QoQ decrease of 4.4% from Q3FY25, where expenses were ₹2,288.82 crores. Compared to Q4FY24, this is a 24.5% increase from ₹1,756.44 crores. Provisions and contingencies for Q4FY25 were ₹40.62 crores, reflecting a substantial QoQ decline of 38.5% from ₹66.09 crores in Q3FY25, and a slight YoY increase of 4.2% from ₹38.99 crores in Q4FY24. Earnings per share (EPS) increased by 7.7% QoQ, reaching ₹1.40 in Q4FY25 from ₹1.30 in the previous quarter, although it was down 12.5% YoY from ₹1.60 in Q4FY24. These operating metrics demonstrate the bank's expense management and provisions strategy, alongside the performance of its earnings per share over the periods in question.