Stocks● Neutral
Karur Vysya Bank net profit up 45% to ₹756 crore in Q1FY27
Karur Vysya Bank posted a 45% jump in Q1 net profit to ₹756 crore, driven by 32% NII growth and margin expansion to 4.3%. Asset quality remains stable.
Continue with
Karur Vysya Bank reported its highest quarterly profit of ₹756 crore for the three months ended June 2026, a 45% increase from a year earlier. Net interest income rose 32% to ₹1,423 crore, expanding the net interest margin to 4.3% from 3.9% in the year-ago quarter.
Total business reached ₹2,27,267 crore, a 16% year-over-year gain. Advances crossed ₹1 lakh crore for the first time, standing at ₹1,04,680 crore, up 17%. Deposits climbed to ₹1,22,587 crore from ₹1,06,650 crore a year earlier.
Corporate credit grew 12% to ₹14,356 crore. The majority of the loan book sits in the RAM segment, which expanded 18% to ₹90,324 crore. Within RAM, retail jewel loans surged 47% to ₹6,252 crore. Vehicle loans, however, fell 21% from a year earlier.