July 17, 2025

South Indian Bank has reported a 9.5% year-on-year rise in net profit for the first quarter of the fiscal at Rs 322 crore, while it nearly doubled provisions and contingencies. The net profit was Rs 294 crore in the year-ago period. Its asset quality improved with the gross non-performing assets ratio dropping to 3.15% at the end of June from 3.20% as on March 31. For more details, you can read the full article <a href='https://economictimes.indiatimes.com/markets/stocks/earnings/south-indian-bank-q1-profit-rises-9-5-to-rs-322-crore-despite-surge-in-provisions/articleshow/122643006.cms' target='_blank'>here</a>.

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Tags: South indian bank, Q1 earnings, Net profit, Provisions, Asset quality,