Archive · 21 Jul 2026
Karur Vysya Bank Reports 45% Net Profit Rise
Karur Vysya Bank, a financial institution, recently announced its financial results for the first quarter of the fiscal year 2027.
The bank made a net profit of ₹756 crore, which is a significant increase of 45% compared to the same period last year.
This growth was driven by higher total income, which reached ₹3,491.21 crore, and increased interest earnings of ₹3,049.42 crore.
The bank's expenses were also managed well, with total expenditure excluding provisions and contingencies amounting to ₹2,395.61 crore.
The bank's asset quality remained stable, with gross non-performing assets at 0.74% and net non-performing assets at 0.19%.
The capital adequacy ratio improved to 18.61%, and the provision coverage ratio was 96.21%.
These results indicate a strong financial performance for the bank.
However, despite the positive financial results, the bank's shares closed 2% lower at ₹302.85 on NSE, indicating some investor concerns.
Karur Vysya Bank reported a 45% increase in net profit to ₹756 crore for Q1 FY27.
Net interest income rose 32% year-on-year to ₹1,423 crore, with net interest margin improving to 4.34%.
Total advances grew 17% year-on-year to ₹1.05 lakh crore, crossing the ₹1 lakh crore milestone for the first time.
Total deposits increased 15% to ₹1.23 lakh crore, taking total business to ₹2.27 lakh crore, up 16% from a year ago.
Gross NPA stood at 0.74% of gross advances as of June 30, 2026, while net NPA remained unchanged at 0.19%.
- Who
- Karur Vysya Bank
- What
- Reported a 45% increase in net profit for Q1 FY27
- When
- Quarter ended 30 June 2026
- Where
- Mumbai
- Why
- Due to increased income and controlled expenditures
Positive Growth Perspective
Market Reaction Concerns
Profit Growth
Positive Growth Perspective
The 45% increase in net profit demonstrates strong financial health and effective management.
Market Reaction Concerns
Despite profit growth, the 2% drop in share price indicates investor concerns about future performance.
- Net Profit
- ₹756 crore
- Net Interest Income
- ₹1,423 crore
- Net Interest Margin
- 4.34%
- Total Advances
- ₹1.05 lakh crore
- Total Deposits
- ₹1.23 lakh crore
- Total Business
- ₹2.27 lakh crore
- Gross NPA
- 0.74%
- Net NPA
- 0.19%
Sources
Karur Vysya Bank Net Profit Up 45% To ₹755.70 Crore In Q1 FY27
Karur Vysya Bank net profit rises 45 per cent in Q1FY27
Karur Vysya Bank posts record Q1 profit of ₹756 crore, advances top Rs 1 lakh crore
Karur Vysya Bank shares jump 9.6% after Q1 profit hits record ₹756 crore
