This week, South Indian Bank’s stock captured investor interest after the bank’s financial results for the fourth quarter and full year 2024-25 were released. The bank saw a net profit of ₹342 crore for the March quarter, an increase of 19% year over year. Total Income for the quarter was also healthy at ₹2,946 crore compared to ₹2,621 crore year over year, reflecting growth.
For the entire fiscal year, South Indian Bank posted a net profit of ₹1,303 crore, which is up 22% year over year. The Board of Directors has proposed a dividend of ₹0.40 per share for the year ended March 31, 2025, subject to shareholders’ approval.
The bank’s robust financials also resulted in significant value growth on the stock exchange. South Indian Bank shares have spiked nearly 15% in a week, outperforming indices. The stock has gained 11% so far in 2025, and in the last three years, it has skyrocketed 280%, outpacing peers and the market.
In the last trading session, South Indian Bank’s shares were priced at approximately ₹ 27.80, recently reaching ₹28.20. The bank’s record earnings, asset quality, and other indicators bolstered its claim. Other analysts note that the bank’s increased reliance on idle Income does create some concerns.
There seems to be a consensus on the bank’s expectations for the South Indian Bank to achieve good returns. If progress remains at the same pace, some expect the shares to soar over ₹32 by the end of the year.
The robust growth performance of South Indian Bank, combined with a shred of optimism regarding its outlook, makes it stand out from the bunch among Indian banking sectors. As the new financial year begins, they will be keen to make further investments.
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