South Indian Bank up 6% after steady Q3 growth; profit rises to ₹374 Cr
News by Aliceblue News Desk
16 Jan 2026
Introduction
Leading private sector bank posts record quarterly net profit of ₹374.32 crore, improves asset quality, and grows retail deposits by 13% in Q3 FY26.
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Share price movement of South Indian Bank
On January 16, 2026, South Indian Bank Ltd opened at ₹43.42, up 2.34% from its previous close of ₹42.44. The stock reached a high of ₹45.17 (6.45%) and a low of ₹42.95 (1.20%). By 11:38 AM, it traded at ₹44.05, a 3.79% increase, with a market cap of ₹11,528.56 crore.
South Indian Bank Reports Record Profit
South Indian Bank reported its highest-ever quarterly net profit of ₹374.32 crore for Q3 FY26, up 9% from ₹341.87 crore in Q3 FY25, as per official disclosure.
The bank’s gross NPA reduced by 163 basis points to 2.67%, while net NPA dropped by 80 basis points to 0.45% on a year-on-year basis, showing improved asset quality.
Retail deposits grew ₹13,142 crore, rising from ₹1,02,421 crore to ₹1,15,563 crore, reflecting a 13% year-on-year increase in customer deposits, strengthening the bank’s deposit base.
Stock performance of South Indian Bank for Period of 1 week, 6 months, and 1 year
South Indian Bank Ltd delivered a 6.06% return over the past week, gained 47.2% in the past 6 months, and rose 64.7% over the past 1 year.
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Shareholding pattern of South Indian Bank
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 |
| Promoter | 0.00% | 0.00% | 0.00% |
| FII | 17.90% | 17.60% | 12.00% |
| DII | 11.90% | 11.10% | 10.40% |
| Public | 70.20% | 71.30% | 77.60% |
About South Indian Bank
South Indian Bank Ltd (NSE: SOUTHBANK) is a Kerala-based private sector bank with 948 branches, 1,143 ATMs, digital banking services, and a representative office in Dubai, UAE.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is South Indian Bank Ltd share price rising today?
A: South Indian Bank Ltd posts record Q3 net profit of ₹374.32 crore, gross NPA at 2.67%, net NPA at 0.45%, and retail deposits rise 13%.
Q: What is South Indian Bank Ltd’s main business focus?
A: South Indian Bank Ltd provides banking services across India, including retail, corporate, digital banking, and has a representative office in Dubai, UAE.
Q: What is the 52-week high and low of South Indian Bank Ltd stock?
A: South Indian Bank Ltd stock’s 52-week high is ₹45.17, and the 52-week low is ₹22.12.
News Author
Aliceblue News Desk
