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 (Q3).
• Net Interest Income (NII) grew by 1% YoY to ₹881 crore, while other income stood at ₹486 crore.
• Asset quality showed marginal improvement, with Gross NPA decreasing to 2.67% and Net NPA to 0.45%.
• Gross advances rose by 11.27% YoY to ₹96,765 crore, and total deposits increased by 12.17% YoY to ₹1.18 lakh crore.
• The bank's share price closed up 5.11% at ₹42.54 on Wednesday, with over 12% gain year-to-date in 2026.

Why It Matters: South Indian Bank's Q3 results show strong profit growth and improved asset quality, making it a key stock to watch.