What was filed
On 16 July 2026, South Indian Bank's board approved and took on record its unaudited standalone and consolidated results for the quarter ended 30 June 2026. The Joint Statutory Central Auditors, M.P. Chitale & Co. and Borkar & Muzumdar, issued a limited review report with an **unmodified opinion**, and the bank filed a separate declaration confirming this. The board meeting began at 11:00 a.m. and the results were approved at 1:35 p.m.
The quarter in brief
Net profit rose against the year-earlier June quarter but eased against the immediately preceding March quarter. Operating profit before provisions and contingencies was lower year-on-year; a sharp drop in provisions (other than tax) supported the bottom line.
The clearest movement in the filing is on asset quality: both the gross NPA ratio and net NPA ratio improved versus a year earlier, with the gross NPA figure roughly halving in absolute terms. Capital adequacy under Basel III remained above 19%, broadly steady across the periods disclosed.
Balance-sheet and disclosure notes
Advances and deposits both grew year-on-year, per the standalone statement of assets and liabilities. Following RBI's second amendment directions dated 18 May 2026, the bank has discontinued maintenance of the Investment Fluctuation Reserve and transferred the existing IFR to the Profit & Loss balance during the quarter. It also allotted 4,98,159 shares on the exercise of stock options. The consolidated results include subsidiary SIB Operations and Services Limited.