Quarterly Result20 May 2025, 12:48 pm
Karur Vysya Bank Announces Robust Financial Results for FY 2025 with 20.99% Net Profit Growth
AI Summary
Karur Vysya Bank has reported its financial results for the year ended March 31, 2025, showing a robust net profit growth of 20.99% and a total business growth of 14.08%. The bank's total deposits crossed INR 1 lakh crore, standing at INR 1,02,078 crore, and total advances stood at INR 84,491 crore, registering a Y-o-Y growth of 13.52%. The bank's net interest income increased by 11.57% to INR 4,260 crore, and the cost to income ratio stands at 47.25%. The bank's gross non-performing assets (GNPA) improved by 64 bps to 0.76% of gross advances, and net non-performing assets (NNPA) stands at 0.20% of net advances.
Key Highlights
- Total business up by 14.08% YOY and 2.51% for the quarter.
- Deposits up by 14.55% YOY and 2.94% for the quarter.
- Loan Book grew at 13.53% YOY and 1.99% for the quarter.
- Loans book under RAM grew at 19.79% YOY and 3.48 % for the quarter.
- Net profit for the year registered a robust growth of 20.99%.