
Quarterly Result20 Jul 2026, 05:21 pm
Karur Vysya Bank Q1 FY27 Profit Surges 44.92% to ₹756 Cr
AI Summary
Karur Vysya Bank announced its financial results for the quarter ended June 30, 2026, reporting a significant 44.92% year-on-year increase in net profit to ₹756 crore. Total business grew by 15.94% YoY to ₹2,27,267 crore, with deposits up 14.94% YoY and the loan book growing 17.13% YoY. Net Interest Margin (NIM) improved to 4.34%, up 48 bps YoY. Pre-Provision Operating Profit (PPOP) rose by 36.15% YoY. Asset quality remained strong with GNPA at 0.74% and NNPA at 0.19%. The bank's Capital Adequacy Ratio (CRAR) stood at a healthy 18.61%. The MD & CEO highlighted strong performance indicators aligning with guidance and successful front-loaded growth.
Key Highlights
- Net profit increased by 44.92% YoY to ₹756 crore.
- Total business grew 15.94% YoY to ₹2,27,267 crore.
- NIM improved to 4.34%, up 48 bps YoY.
- GNPA at 0.74%, NNPA at 0.19%.
- CRAR stood at 18.61%.
Price Impact
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