| Scrip code | 532218 |
|---|---|
| NSE Symbol | SOUTHBANK |
| MSEI Symbol | NOTLISTED |
| ISIN | INE683A01023 |
| Name of bank | THE SOUTH INDIAN BANK LIMITED |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 16-10-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 06-10-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Second quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 16-10-2025 11:45:00 |
| End date and time of board meeting | 16-10-2025 13:25:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Interest earned | ||
| Interest or discount on advances or bills | 1,87,494.00 | 3,75,760.00 | |
| Income on investments | 45,606.00 | 81,996.00 | |
| Interest on balances with reserve bank of India and other inter bank funds | 6,115.00 | 11,744.00 | |
| Others | 1,490.00 | 7,449.00 | |
| Total interest earned | 2,40,705.00 | 4,76,949.00 | |
| 2 | Other income | 51,552.00 | 1,13,721.00 |
| 3 | Total income | 2,92,257.00 | 5,90,670.00 |
| Expenses | |||
| 4 | Interest expenses | 1,59,827.00 | 3,12,814.00 |
| 5 | Operating expenses | ||
| (i) | Employees cost | 42,753.00 | 85,483.00 |
| (ii) | Details of other operating expenses | ||
| Description of other operating expenses | |||
| 1 | Depreciation | 2,854.00 | 5,607.00 |
| 2 | Insurance | 3,585.00 | 7,200.00 |
| 3 | Office Expenses | 637.00 | 1,394.00 |
| 4 | Communication Expenses | 1,932.00 | 3,943.00 |
| 5 | Rent Rates and Taxes | 4,494.00 | 9,137.00 |
| 6 | Repairs | 2,711.00 | 5,245.00 |
| 7 | Travelling Expenses | 1,797.00 | 4,134.00 |
| 8 | Others | 18,082.00 | 34,878.00 |
| Total other operating Expenses | 36,092.00 | 71,538.00 | |
| Total Operating Expenses | 78,845.00 | 1,57,021.00 | |
| 6 | Total expenditure excluding provisions and contingencies | 2,38,672.00 | 4,69,835.00 |
| 7 | Operating profit before provision and contingencies | 53,585.00 | 1,20,835.00 |
| 8 | Provisions other than tax and contingencies | 6,327.00 | 30,253.00 |
| 9 | Exceptional items | 0.00 | 0.00 |
| 10 | Total profit (loss) from ordinary activities before tax | 47,258.00 | 90,582.00 |
| 11 | Provision for Tax | 12,099.00 | 23,206.00 |
| 12 | Net profit (loss) from ordinary activities after tax | 35,159.00 | 67,376.00 |
| 13 | Extraordinary items net of tax expenses | 0.00 | 0.00 |
| 14 | Net profit (loss) for the period | 35,159.00 | 67,376.00 |
| 15 | Share of profit (loss) of associates | 0.00 | 0.00 |
| 16 | Profit (loss) of minority interest | 0.00 | 0.00 |
| 17 | Net Profit (loss) after taxes minority interest and share of profit (loss) of associates | 35,159.00 | 67,376.00 |
| 18 | Details of equity share capital [Abstract] | ||
| Paid-up equity share capital | 26,167.00 | 26,167.00 | |
| Face value of equity share capital | 1 | 1 | |
| 19 | Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) | ||
| 20 | Analytical ratios | ||
| (i) | Percentage of share held by government of India | 0.00 | 0.00 |
| (ii) | Capital adequacy ratio | ||
| CET 1 ratio | 16.79 | 16.79 | |
| Additional Tier 1 ratio | 0.00 | 0.00 | |
| (iii) (a) | Earnings per share before extraordinary items | ||
| Basic earnings per share before extraordinary items | 1.34 | 2.57 | |
| Diluted earnings per share before extraordinary items | 1.34 | 2.57 | |
| (iii) (b) | Earnings per share after extraordinary items | ||
| Basic earnings per share after extraordinary items | 1.34 | 2.57 | |
| Diluted earnings per share after extraordinary items | 1.34 | 2.57 | |
| (iv) | NPA Ratios | ||
| Amount of gross non-performing assets | 2,70,347.00 | 2,70,347.00 | |
| Amount of net non-performing assets | 50,582.00 | 50,582.00 | |
| % of gross NPAs | 2.93 | 2.93 | |
| % of net NPAs | 0.56 | 0.56 | |
| Return on assets | 1.02 | 0.99 | |
| 21 | Disclosure of notes on financial results by banks | ||
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 30-09-2025 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| 1 | Capital and liabilities | ||
| Capital | 26,167.00 | ||
| Reserves and surplus | 10,37,475.00 | ||
| Deposits | 1,15,63,094.00 | ||
| Borrowings | 6,64,726.00 | ||
| Other liabilities and provisions | 3,12,470.00 | ||
| Total Capital Liabilities | 1,36,03,932.00 | ||
| 2 | ASSETS | ||
| Cash and Balances with Reserve Bank of India | 4,96,483.00 | ||
| Balances with Banks and money at call and short notice | 5,12,045.00 | ||
| Investments | 30,70,518.00 | ||
| Advances | 90,19,574.00 | ||
| Fixed Assets | 10235700000 | ||
| Other Assets | 4,02,955.00 | ||
| Total Assets | 1,36,03,932.00 | ||
| Disclosure of notes on assets and liabilities | Textual Information(1) | ||
| Textual Information(1) | 1.The above consolidated financial results for the quarter and half year ended September 30, 2025 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 16, 2025. These results have been subjected to limited review by the Joint Statutory Central Auditors M/s. M.P. Chitale & Co, Chartered Accountants and M/s. Borkar & Muzumdar, Chartered Accountants of the Bank. The report thereon is unmodified. The financial results for the quarter and half year ended September 30, 2024, FY 2024-25 and June 30, 2025 were reviewed/audited by Joint statutory auditors M/s. K Venkatachalam Aiyer & Co, Chartered Accountants and M/s. M.P. Chitale & Co, Chartered Accountants. 2.The Consolidated Financial Results comprise the financial results of The South Indian Bank Ltd and it's subsidiary SIB Operations and Services Ltd. 3.Group has consistently applied its significant accounting policies in the preparation of its quarterly and half yearly financial results as compared to those followed for the year ended March 31, 2025. 4.The financial results have been arrived at after considering provision for standard assets (including requirements for exposures to entities with unhedged foreign currency exposures), provision for non-performing assets (NPAs), provision for non-performing investments, provision for income-tax (net adjusted for earlier years) and other usual and necessary provisions. 5. Other Income includes Profit on sale of investments (net), provision for appreciation/(depreciation) on eligible investments, earnings from foreign exchange and derivative transactions, commission from non – fund based banking activities, income from sale of PSL Certificates, Card income, recoveries from advances technically written off etc. 6.Other expense includes Insurance, Rent, Repair, Depreciation, Communication expenses, Outsourced manpower charges, premium paid on PSLC purchase, CSR, ATM outsourcing, Card expenses etc. 7. During the quarter and half year ended September 30, 2025, the Bank allotted 409,941 and 448,590 shares respectively, pursuant to the exercise of stock option. 8. In accordance with the RBI Circular DBR.No.BP.BC.1/21.06.201/2015-16 on Basel III capital regulations dated July 1, 2015, as amended and RBI circular DBR.NO.BP.BC.80/21.06.201/2014-15 dated March 31, 2015 on prudential guidelines on Capital Adequacy and Liquidity Standards amendments and RBI Circular DBR.BP.BC.No.106/21.04.098/2017-18 dated May 17, 2018 - 'Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR) – Final Guidelines', Banks are required to make Pillar III disclosures including leverage ratio and liquidity coverage ratio under Basel III framework. The Bank has made these disclosures which are available on its website at the following link https://www.southindianbank.com/content/disclosure-under-basel-2-basel-3-guidelines/880 These disclosures have not been subjected to audit/review by the Joint Statutory Central Auditors. 9. The Bank had exercised the call option on its 9.50% Tier-II bonds, amounting to 49,000 Lakhs, during the quarter ended September 30, 2025.These bonds, originally issued in November 2017 with a maturity of May 2028, were redeemed early on September 12, 2025, as per terms of issue and after obtaining prior approval from RBI and Board of Directors. The record date for determining eligible bondholders was August 28, 2025. 10. Previous period's figures /ratios have been regrouped / reclassified, wherever necessary to conform to current period's classification. |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-07-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 30-09-2025 | 30-09-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Treasury | 68,459.00 | 1,41,573.00 | ||||
| 2 | Corporate/ Wholesale Banking | 82,162.00 | 1,67,852.00 | ||||
| 3 | Digital Banking | 22,510.00 | 44,668.00 | ||||
| 4 | Other Retail Banking | 1,07,670.00 | 2,15,521.00 | ||||
| 5 | Other Banking Operations | 11,456.00 | 21,056.00 | ||||
| Total Segment Revenue | 2,92,257.00 | 5,90,670.00 | |||||
| Less: Inter segment revenue | |||||||
| Income from operations | 2,92,257.00 | 5,90,670.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Treasury | 12,106.00 | 32,475.00 | ||||
| 2 | Corporate/ Wholesale Banking | 6,083.00 | 5,115.00 | ||||
| 3 | Digital Banking | 949.00 | 3,060.00 | ||||
| 4 | Other Retail Banking | 23,463.00 | 41,927.00 | ||||
| 5 | Other Banking Operations | 4,629.00 | 7,947.00 | ||||
| Total Profit before tax | 47,230.00 | 90,524.00 | |||||
| i. Finance cost | 0.00 | 0.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (28.00) | (58.00) | |||||
| Profit before tax | 47,258.00 | 90,582.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Treasury | 33,24,426.00 | 33,24,426.00 | ||||
| 2 | Corporate/ Wholesale Banking | 52,11,897.00 | 52,11,897.00 | ||||
| 3 | Digital Banking | 5,41,477.00 | 5,41,477.00 | ||||
| 4 | Other Retail Banking | 41,27,043.00 | 41,27,043.00 | ||||
| 5 | Other Banking Operations | 1,687.00 | 1,687.00 | ||||
| Total Segment Assets | 1,32,06,530.00 | 1,32,06,530.00 | |||||
| Un-allocable Assets | 3,97,402.00 | 3,97,402.00 | |||||
| Net Segment Assets | 1,36,03,932.00 | 1,36,03,932.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Treasury | 31,00,222.00 | 31,00,222.00 | ||||
| 2 | Corporate/ Wholesale Banking | 48,66,721.00 | 48,66,721.00 | ||||
| 3 | Digital Banking | 5,05,615.00 | 5,05,615.00 | ||||
| 4 | Other Retail Banking | 38,53,271.00 | 38,53,271.00 | ||||
| 5 | Other Banking Operations | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 1,23,25,829.00 | 1,23,25,829.00 | |||||
| Un-allocable Liabilities | 2,14,461.00 | 2,14,461.00 | |||||
| Net Segment Liabilities | 1,25,40,290.00 | 1,25,40,290.00 | |||||
| Disclosure of notes on segments | For the above segment reporting, the reportable segments are identified into Treasury, Corporate/Wholesale Banking, Retail Banking (including Digital Banking) and Other Banking Operations in Compliance with the revised RBI Guidelines. The Bank operates in India. | ||||||
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| A | Date of start of reporting period | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated |
| 1 | Statement of cash flows | |
| Cash flows from used in operating activities | ||
| Profit before extraordinary items and tax | 90,582.00 | |
| 2 | Adjustments for reconcile profit (loss) | |
| Adjustments to profit (loss) | ||
| Adjustments for finance costs | 3,633.00 | |
| Adjustments for depreciation and amortisation expense | 4,763.00 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 0.00 | |
| Adjustments for share-based payments | 215.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | (15.00) | |
| Other adjustments to reconcile profit (loss) | 0.00 | |
| Other adjustments for non-cash items | 30,236.00 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments to profit (loss) | 38,832.00 | |
| 3 | Adjustments for working capital | |
| Adjustments for decrease (increase) in inventories | (1,96,696.00) | |
| Adjustments for decrease (increase) in trade receivables | (4,82,067.00) | |
| Adjustments for decrease (increase) in other current assets | (8,654.00) | |
| Adjustments for increase (decrease) in trade payables | 8,10,872.00 | |
| Adjustments for increase (decrease) in other current liabilities | 41,127.00 | |
| Adjustments for provisions | 0.00 | |
| Total adjustments for working capital | 1,64,582.00 | |
| Total adjustments for reconcile profit (loss) | 2,03,414.00 | |
| Net cash flows from (used in) operations | 2,93,996.00 | |
| Dividends received | 0.00 | |
| Interest paid | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 23,046.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) operating activities before extraordinary items | 2,70,950.00 | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) operating activities | 2,70,950.00 | |
| 4 | Cash flows from used in investing activities | |
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of tangible assets | 68.00 | |
| Purchase of tangible assets | 6,187.00 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 0.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | (6,99,861.00) | |
| Proceeds from government grants | 0.00 | |
| Net cash flows from (used in) investing activities before extraordinary items | (7,05,980.00) | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) investing activities | (7,05,980.00) | |
| 5 | Cash flows from used in financing activities | |
| Proceeds from issuing shares | 75.00 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 2,83,679.00 | |
| Repayments of borrowings | 49,000.00 | |
| Dividends paid | 10,466.00 | |
| Interest paid | 6,740.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) financing activities before extraordinary items | 2,17,548.00 | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) financing activities | 2,17,548.00 | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (2,17,482.00) | |
| 6 | Effect of exchange rate changes on cash and cash equivalents | |
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | (2,17,482.00) | |
| Cash and cash equivalents cash flow statement at beginning of period | 12,26,010.00 | |
| Cash and cash equivalents cash flow statement at end of period | 10,08,528.00 | |
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | MP Chitale & Co. | Yes | 31-07-2028 | ||
|---|---|---|---|---|---|
| 2 | Borkar & Muzumdar | Yes | 31-05-2028 | ||