South Indian Bank reports record quarterly profit of Rs. 426.13 crore
As filed · The South Indian Bank Limited has informed the Exchange regarding Press release on Unaudited Financial Results of the Bank for the quarter/half year ended 30th September, 2026.
What happened
FactSouth Indian Bank reported its highest-ever quarterly net profit of Rs. 426.13 crore for Q2 FY 2026-27, up 21.28% from Rs. 351.37 crore in Q2 FY 2025-26. Net interest income rose 37.95% year-on-year to Rs. 1,116 crore, while gross and net NPA ratios improved to 1.24% and 0.09%, respectively.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
Revisedwe want to grow this MSME specifically in the 15%-18% kind of a growth trajectory.
we are as of now around 9% growth in either of the segments, which we are sure that we will end the year about 17-18%.
Change
FactImplication
CapitSignal interpretationDemand
Revisedwe are as of now around 9% growth in either of the segments, which we are sure that we will end the year about 17-18%.
our aim is to grow this at (20%+) a year, boss, if not more.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- we want to grow this MSME specifically in the 15%-18% kind of a growth trajectory. (management committed by FY27)
- we are as of now around 9% growth in either of the segments, which we are sure that we will end the year about (management committed by FY25)
Evidence
- The South Indian Bank Limited has informed the Exchange regarding Press release on Unaudited Financial Results of the Bank for the quarter/half year ended 30th September, 2026.(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY25
- Earlier statement · FY25
- Latest statement · FY25
How CapitSignal classified this
- Reasoning:
- The bank combined double-digit profit and net interest income growth with substantial improvement in reported asset quality. Advances and retail deposits also grew, supporting balance-sheet expansion.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%