South Indian Bank has released its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors has recommended a dividend of Rs. 0.45 per equity share (45%) for the 2025-26 fiscal year. This performance reflects the bank’s continued growth and stability as it closes the financial year with strong operational results.
Annual Financial Performance
For the financial year ended March 31, 2026, South Indian Bank reported a robust standalone net profit of Rs. 1,45,514 lakh, compared to Rs. 1,30,288 lakh in the previous year. The bank’s total income for the year reached Rs. 11,85,599 lakh, demonstrating consistent growth across its core banking operations. The Operating Profit for the year stood at Rs. 2,37,337 lakh.
Dividend Payout
Reflecting the bank’s strong performance, the Board of Directors has recommended a dividend of Rs. 0.45 per equity share (45% of the face value of Re. 1/-). This is an increase from the Rs. 0.40 per equity share (40%) dividend declared in the previous financial year. The payout remains subject to the approval of shareholders at the upcoming Annual General Meeting.
Asset Quality and Capital Adequacy
The bank has maintained strong capital health, with a Capital Adequacy Ratio (BASEL III) of 19.66% as of March 31, 2026. Asset quality has also seen positive trends, with the Gross NPA ratio at 1.43% and the Net NPA ratio at 0.29%, underscoring the bank’s prudent risk management practices and ongoing efforts to maintain a clean balance sheet.
Consolidated Results
The consolidated financial results for the group, which include SIB Operations and Services Limited, mirror the standalone performance, showing a consolidated net profit of Rs. 1,45,564 lakh for the year. This consolidation highlights the steady contribution of the bank’s subsidiary to the overall group earnings.
Source: BSE
