The South Indian Bank has announced 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 fiscal year 2025-26. This recommendation is subject to the approval of shareholders at the upcoming Annual General Meeting.
Financial Highlights for Fiscal Year 2025-26
For the financial year ended March 31, 2026, South Indian Bank reported a standalone net profit of Rs. 1,45,514 lakh. The total standalone income for the year stood at Rs. 11,85,599 lakh. These results reflect a strong performance, with the Board of Directors proposing a dividend of Rs. 0.45 per equity share on a face value of Re. 1 each, marking an increase over the previous year’s dividend of Rs. 0.40 per share.
Performance Breakdown
During the final quarter (Q4) ending March 31, 2026, the bank achieved a standalone net profit of Rs. 40,750 lakh on a total income of Rs. 2,94,542 lakh. The bank maintained a strong Capital Adequacy Ratio of 19.66% under Basel III norms as of the year-end. Asset quality indicators showed consistent management, with gross NPA at 1.43% and net NPA at 0.29%.
Consolidated Results and Operational Update
On a consolidated basis, the group, which includes SIB Operations and Services Limited, reported an annual net profit of Rs. 1,45,564 lakh for the year ended March 31, 2026. The bank’s commitment to growth is further evidenced by the successful allotment of 12,66,613 shares during the year under the Employee Stock Option Scheme.
Future Outlook and Governance
The bank continues to focus on its core business segments, including Treasury, Corporate/Wholesale Banking, and Retail Banking. With the dividend proposal awaiting shareholder approval, the management remains focused on maintaining capital efficiency and overseeing a transparent financial reporting process as it enters the next fiscal year.
Source: BSE
