The share price of this prominent private banking firm surged by 6 percent to an intraday high of Rs 28.16 per share after the company’s net profits increased by 45 percent for the quarter ended 31st June 2025.
Share price movement:
With a market capitalization of Rs 7,144.75 crores, the shares of South Indian Bank Ltd surged around 3 percent at 1:30 PM trading at Rs 27.31 apiece on Friday’s session. The shares of this company generated a positive return of 31 percent over the past year and a negative return of 3 percent over the past 6 months.
Results:
As per the Consolidated financials of South Indian Bank Limited on a QoQ basis, the income earned through interest increased by 1.75 percent from Rs 2,274 crores in Q4FY24 to Rs 2,314 crores in Q1FY25. Also, The net profits of the firm increased from Rs 287.33 crores to Rs 293.90 crores for the same period, demonstrating a 2.2 percent rise.
Examining the consolidated financials of South Indian Bank Limited on a YoY basis, the income earned through interest increased by 14.2 percent from Rs 2,025.04 crores in Q1FY24 to Rs 2,314.41 crores in Q1FY25. The net profits increased by 45 percent from Rs 202.58 crores to Rs 293.90 crores in the same time frame.
As for the segment-wise revenue, segments such as Corporate wholesale banking witnessed a rise of 4.8 percent from Rs 819.17 crores in Q1FY24 to Rs 858.92 crores in Q1FY25 while the retail banking segment saw a rise of 7.3 percent from Rs 1,165.87 crores to Rs 1,251.16 crores for the same time period.
Ratios:
In terms of ratios for the year 2024, South Indian Bank Limited has reported a CASA ratio of 32.06 percent and a net profit margin of 12.42 percent.
Loan Book:
The latest loan book of South Indian Bank Limited stood at 41 percent of the loans lent to corporates, 23 percent for the personal segment, 16 percent as business loans, and 20 percent for agricultural purposes.
Nonperforming assets:
The NPA of South Indian Bank Limited decreased from 1.85 percent in June 2023 to 1.44 percent in June 24.
Net interest income:
South Indian Bank’s Net Interest Income rose by 7 percent from Rs 808 crores in Q1FY24 to Rs 866 crores in Q1FY25.
Shareholding Pattern:
As of June 2024, the firm’s shareholding pattern stood at 81.49 percent for the public, 13.44 percent for foreign institutional investors, and 5.06 percent for domestic institutional investors.
About the Company:
Established in 1929, South Indian Bank was the first ‘scheduled bank’ amongst the private banks in Kerala. South Indian Bank provides retail and corporate banking, para-banking activities such as debit cards, and third-party financial product distribution, in addition to Treasury and Foreign Exchange Business.
Written By Zahal
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