Are South Ind.Bank latest results good or bad?

South Indian Bank has reported its financial results for the quarter ending March 2025, highlighting several key operational trends. The bank achieved a record high in interest earned, amounting to Rs 2,373.44 crore, which reflects consistent growth over the last five quarters. Additionally, the Profit After Tax (PAT) reached Rs 342.19 crore, indicating a positive trend in profitability.
The asset quality of South Indian Bank has shown improvement, with Gross Non-Performing Assets (NPA) recorded at 3.20%, the lowest level in five quarters. The Net NPA has also decreased to 0.92%, suggesting a reduction in stressed loans, which is a favorable development for the bank's financial health. Furthermore, Earnings per Share (EPS) reached Rs 1.31, the highest in the last five quarters, signaling an enhancement in profitability for shareholders.

However, the bank encountered challenges as its Profit Before Tax less Other Income (PBT) fell to Rs -113.25 crore, marking a notable decline compared to the average of the previous four quarters. There was also a significant increase in non-operating income, which raised concerns regarding the sustainability of this income source.

It is important to note that South Indian Bank experienced an adjustment in its evaluation over the last three months. Overall, while the bank has demonstrated strengths in certain areas, it also faces challenges that may impact its future performance.