South Indian Bank Q1 Results: Profit rises 10% YoY, NII dips; asset quality improves
Published on 17/07/2025 01:50 PM
South Indian Bank Q1 Results: Profit rises 10% YoY, NII dips; asset quality improvesSouth Indian Bank posted a 10% year-on-year rise in Q1 profit to ₹322 crore, while asset quality improved. Net interest income declined.By Sheersh Kapoor July 17, 2025, 1:50:30 PM IST (Published)1 Min ReadSouth Indian Bank Ltd reported a net profit of ₹322 crore for the quarter ended June 2025, marking a 10% rise over ₹294 crore in the same period last year.
The profit growth came despite a dip in net interest income (NII), which fell 4% year-on-year to ₹832 crore from ₹865 crore.
Asset quality showed noticeable improvement. Gross non-performing assets (GNPAs) came down marginally to 3.15% from 3.20% in the previous quarter, while net NPA sharply improved to 0.68% from 0.92%. The sequential reduction in bad loans signals better credit discipline and recoveries during the quarter.
Also read: Bank of Maharashtra Q1 Results: Asset quality stable but slippages rise from March
Following the results announcement, shares of South Indian Bank touched an intraday high of ₹31.40. By 1:48 PM, the stock was trading at ₹30.75 on the NSE, down 0.32% from the previous close.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsearningsQ1 resultsshare market todaySouth Indian Bank