South Indian Bank announced Q1FY26 results Operating Profit of the quarter increased by 32.41% from Rs 507.68 crore in Q1FY25 to Rs 672.20 crore in Q1FY26. GNPA is down by 135 bps from 4.50% to 3.15 % on YoY basis. NNPA decreased by 76bps from 1.44% to 0.68% on YoY basis. PCR including write off increased by 960 bps from 79.22% to 88.82% YoY basis. PCR excl. write off increased by 988 bps from 69.05% to 78.93% YoY basis Deposits: Retail Deposit grew by Rs 9,623 crore from Rs 99,745 crore to Rs 1,09,368 crore YoY showing an increase of 9.65% on YoY basis. NRI Deposit grew by Rs 2,190 crore from Rs 30,103 crore to Rs 32,293 crore YoY showing an increase of 7.27% on YoY basis. CASA grew by 9.06% YoY from Rs 33,195 crore to Rs 36,204 crore Advances: Gross advances grew by Rs 6,617 crore from Rs 82,580 crore to Rs 89,198 crore showing an increase of 8% on YoY basis. Personal Segment grew by Rs 5,034 crore from Rs 19,188 crore to Rs 24,222 crore showing an increase of 26% on YoY basis. Gold Loan portfolio grew by Rs 1,129 crore from Rs 16,317 crore to Rs 17,446 crore showing an increase of 7% on YoY basis. Housing Loan grew by Rs 3,380 crore from Rs 5,138 crore to Rs 8,518 crore registering a growth of 66%. Vehicle Loan grew by 27% YoY from Rs 1,741 crore to Rs 2,217 crore. P.R.Seshadri, MD & CEO of the Bank, said: “While announcing the financial results, I am pleased to share that our strategy continues to center around sustained profitability, superior asset quality, a resilient loan book, and a robust retail liability portfolio. We are sharpening our organizational structure and leveraging digital technology to effectively achieve our business objectives. During the reporting period, the Bank witnessed consistent growth across all targeted segments, with a sharp focus on acquiring quality assets in verticals such as Corporate Lending, Auto Loans, Housing Loans, and Gold Loans. Aligned with our strategic intent of ‘Profitability through Quality Credit Growth’, we have successfully onboarded new advances with low-risk profiles, ensuring a well-balanced and healthy credit portfolio.” Result PDF