Key Quantitative Figures

Standalone Financial Performance (₹ in lakhs)

Quarter Ended September 30, 2026:

  • Interest earned: ₹279,570
  • Other income: ₹46,815
  • Total income: ₹326,385
  • Interest expended: ₹167,984
  • Operating expenses: ₹85,153 (Employee cost: ₹45,608; Other operating expenses: ₹39,545)
  • Operating profit: ₹73,248
  • Provisions and contingencies: ₹15,911
  • Profit before tax: ₹57,337
  • Tax expense: ₹14,724
  • Net profit: ₹42,613

Half Year Ended September 30, 2026:

  • Interest earned: ₹542,351
  • Other income: ₹84,764
  • Total income: ₹627,115
  • Interest expended: ₹328,293
  • Operating expenses: ₹166,394
  • Operating profit: ₹132,428
  • Provisions and contingencies: ₹24,345
  • Profit before tax: ₹108,083
  • Tax expense: ₹27,707
  • Net profit: ₹80,376

Key Ratios (Standalone)

  • Capital adequacy ratio (Basel III): 19.40% (vs 17.70% YoY)
  • Gross NPA: 1.24% of gross advances (vs 2.93% YoY)
  • Net NPA: 0.09% of net advances (vs 0.56% YoY)
  • Return on assets (annualized): 1.12%
  • Basic EPS: ₹1.63 for Q2 FY27 (vs ₹1.34 YoY)
  • Net worth: ₹11,68,352 lakhs

Consolidated Financial Performance

Consolidated results include subsidiary SIB Operations and Services Limited:

Quarter Ended September 30, 2026:

  • Net profit: ₹42,634 lakhs
  • Basic EPS: ₹1.63

Half Year Ended September 30, 2026:

  • Net profit: ₹80,400 lakhs
  • Basic EPS: ₹3.07

Dates of Action

  • Board meeting held: October 15, 2026
  • Meeting commenced: 11:00 AM
  • Results approved: 1:15 PM
  • Financial period: Quarter/half year ended September 30, 2026

Parties Involved

  • Board of Directors of The South Indian Bank Limited
  • Audit Committee of the Board
  • Joint Statutory Auditors: M.P. Chitale & Co. and Borkar & Muzumdar (Chartered Accountants)
  • Subsidiary: SIB Operations and Services Limited

Segment Performance (Standalone)

Revenue by Segment (Q2 FY27):

  • Treasury: ₹64,225 lakhs
  • Corporate/Wholesale Banking: ₹97,390 lakhs
  • Retail Banking: ₹152,997 lakhs (Digital Banking: ₹20,428 lakhs; Other Retail: ₹132,569 lakhs)
  • Other Banking Operations: ₹11,773 lakhs

Segment Results (Q2 FY27):

  • Treasury: ₹12,869 lakhs
  • Corporate/Wholesale Banking: ₹9,351 lakhs
  • Retail Banking: ₹31,567 lakhs (Digital Banking: -₹4,599 lakhs; Other Retail: ₹36,166 lakhs)
  • Other Banking Operations: ₹3,550 lakhs

Asset Quality

  • Gross NPA: ₹135,484 lakhs (1.24% of gross advances)
  • Net NPA: ₹10,271 lakhs (0.09% of net advances)
  • Provision coverage: Significant improvement in asset quality

Capital Structure Impact

  • Paid-up equity share capital: ₹26,195 lakhs (Face value ₹1 each)
  • During quarter/half year ended September 30, 2026, the Bank allotted 14,37,644 and 19,35,803 shares respectively pursuant to exercise of stock options