South Indian Bank Q3 Profit Jumps 9%, Asset Quality Improves; Stock in Focus

• South Indian Bank reported a 9% year-on-year increase in net profit to ₹374 crore for the October-December quarter.
• Net Interest Income (NII) grew by 1% year-on-year, reaching ₹881 crore.
• Asset quality improved with Gross NPA at 2.67% (down from 2.93% in September) and Net NPA at 0.45% (down from 0.56% in September).
• Gross advances rose 11.27% year-on-year to ₹96,765 crore, while total deposits increased 12.17% to ₹1.18 lakh crore.
• Shares closed 5.11% higher on Wednesday ahead of results, with a 12% rise year-to-date in 2026.

Why It Matters: South Indian Bank's Q3 saw a 9% profit rise and improved asset quality, boosting investor confidence.