The up move in South Indian Bank share price came after the lender announced a strong set of September quarter of financial year 2025 (Q2FY25) results.
The bank is also shifting its focus on loan mix to micro small and medium enterprises (MSMEs) and retail, from the current bias towards corporates
The bank's standalone net profit rose 45.4 per cent to Rs 294.1 crore in Q1FY25, as opposed to Rs 202.4 crore in Q1FY24.