South Indian Bank Q2 profit rises 8% to ₹352 crore on higher net interest income
South Indian Bank reported a net profit of ₹352 crore for Q2 FY26, up 8% YoY, supported by healthy loan growth and improved asset quality. Net interest income rose 12% to ₹940 crore, while net NPA fell to 0.34% from 0.38% last quarter. The bank’s capital adequacy ratio improved to 17.6%, signaling comfortable buffers. Management credited the steady performance to diversification across retail and SME portfolios. Analysts expect modest loan growth guidance and stable margins in upcoming quarters amid a competitive banking landscape.
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3 days ago
South Indian Bank Q2 profit rises 8% to ₹352 crore on higher net interest income
South Indian Bank reported a net profit of ₹352 crore for Q2 FY26, up 8% YoY, supported by healthy loan growth and improved asset quality. Net interest income rose 12% to ₹940 crore, while net NPA fell to 0.34% from 0.38% last quarter. The bank’s capital adequacy ratio improved to 17.6%, signaling comfortable buffers. Management credited the steady performance to diversification across retail and SME portfolios. Analysts expect modest loan growth guidance and stable margins in upcoming quarters amid a competitive banking landscape.
positive
South Indian Bank Q2 profit rises 8% to ₹352 crore on higher net interest income
3 days ago
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South Indian Bank Q2 profit rises 8% to ₹352 crore, with stronger NII and improved asset quality.
South Indian Bank reported a net profit of ₹352 crore for Q2 FY26, up 8% YoY, supported by healthy loan growth and improved asset quality. Net interest income rose 12% to ₹940 crore, while net NPA fell to 0.34% from 0.38% last quarter. The bank’s capital adequacy ratio improved to 17.6%, signaling comfortable buffers. Management credited the steady performance to diversification across retail and SME portfolios. Analysts expect modest loan growth guidance and stable margins in upcoming quarters amid a competitive banking landscape.
South Indian Bank reported a net profit of ₹352 crore for Q2 FY26, up 8% YoY, supported by healthy loan growth and improved asset quality. Net interest income rose 12% to ₹940 crore, while net NPA fell to 0.34% from 0.38% last quarter. The bank’s capital adequacy ratio improved to 17.6%, signaling comfortable buffers. Management credited the steady performance to diversification across retail and SME portfolios. Analysts expect modest loan growth guidance and stable margins in upcoming quarters amid a competitive banking landscape.