Karur Vysya Bank has reported strong audited financial results for the quarter and year ended March 31, 2026, with the Board of Directors approving the results at its meeting held on May 07, 2026. The bank's net profit for Q4FY26 stood at ₹72,496 lakh, a sharp 41.24% jump compared to ₹51,336 lakh in Q4FY25. For the full year FY26, net profit rose 29.29% to ₹2,51,033 lakh from ₹1,94,164 lakh in FY25. The results were audited by Joint Statutory Central Auditors M/s. Kalyaniwalla & Mistry LLP and M/s. Varma & Varma, Chartered Accountants, who issued an unmodified audit opinion.

Key Financial Highlights

The bank's total income for Q4FY26 grew to ₹3,51,945 lakh from ₹3,02,526 lakh in Q4FY25, driven by higher interest earned and other income. Operating profit before provisions and contingencies surged 49.32% YoY to ₹1,24,676 lakh in Q4FY26 from ₹83,497 lakh in Q4FY25. The following table summarises the key financial metrics:

Asset Quality and Key Ratios

The bank maintained a healthy asset quality profile. Gross NPA stood at ₹74,391 lakh (0.75% of advances) as of March 31, 2026, compared to ₹64,180 lakh (0.76%) as of March 31, 2025. Net NPA improved to 0.19% from 0.20% in the corresponding period of the previous year. The Capital Adequacy Ratio (Basel III) strengthened to 18.76% as of March 31, 2026, compared to 18.17% as of March 31, 2025. Provision Coverage Ratio stood at 96.45% as on March 31, 2026, against 96.81% for the corresponding period of the previous year.

Balance Sheet and Segment Performance

The bank's total assets expanded to ₹1,36,60,309 lakh as of March 31, 2026, from ₹1,19,36,742 lakh as of March 31, 2025. Advances grew to ₹98,19,061 lakh from ₹84,00,454 lakh, while deposits rose to ₹1,15,66,574 lakh from ₹1,02,07,799 lakh. Investments stood at ₹29,01,989 lakh compared to ₹23,83,125 lakh in the previous year. On a segment basis, Retail Banking contributed the highest revenue of ₹8,23,256 lakh for FY26, followed by Corporate/Wholesale Banking at ₹2,57,670 lakh and Treasury at ₹2,12,726 lakh. The results incorporate the audited returns of 995 branches including processing centres, which cover 77.10% of advances, 82.22% of deposits, and 58.78% of non-performing assets as on March 31, 2026.

Dividend and Corporate Actions

The Board of Directors has recommended a dividend of ₹2.60 per equity share of face value ₹2/- each (i.e., 130%) for the year ended March 31, 2026, subject to the approval of shareholders at the ensuing Annual General Meeting. This recommendation was formally communicated to the stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record date for the payment of dividend will be announced in due course. During the year, the bank allotted 4,86,121 equity shares pursuant to the exercise of stock options by employees. Additionally, during the quarter ended September 30, 2025, 16,10,35,439 equity shares were allotted as bonus equity shares by capitalizing securities premium, and EPS figures for Q4FY25 and FY25 have been restated accordingly as per AS 20.

Regulatory Disclosures

The bank's exposure to accounts classified as Standard under COVID-19 resolution plans declined to ₹29,816 lakh as of March 31, 2026, from ₹34,339 lakh as of September 30, 2025. Under Co-Lending Arrangements (CLAs), the bank had 6 CLA partners with 68,48,447 outstanding cases and a gross outstanding amount of ₹1,05,302 lakh as of March 31, 2026, at a weighted average interest rate of 19.17%. The bank transferred NPA loans with aggregate principal outstanding of ₹14,940 lakh to ARCs during the quarter and year ended March 31, 2026, with aggregate consideration of ₹10,600 lakh. The results were signed off by B. Ramesh Babu, MD & CEO, and filed with both the National Stock Exchange of India Ltd and BSE Limited in compliance with SEBI Listing Regulations.

DCW Limited has launched the Second 100-Day Campaign titled "Saksham Niveshak" from April 1, 2026 to July 9, 2026, as part of the Investor Education and Protection Fund Authority initiative. The campaign aims to help shareholders update their KYC details and claim unpaid dividends to prevent their transfer to the Investor Education and Protection Fund (IEPF) under the Companies Act, 2013.

Campaign Background

The Ministry of Corporate Affairs had initially issued a circular dated July 16, 2025, leading to the first 100 Days campaign "Saksham Niveshak" from July 28, 2025 to November 6, 2025. Following this, the IEPF Authority relaunched the Second 100-Day Campaign to reach out to shareholders whose dividends remain unpaid or unclaimed.

Campaign Details

Shareholder Action Requirements

Shareholders who have not claimed their dividends for Financial Years 2021-22 to 2025-26 or have not updated their KYC details are requested to contact the Company's Registrar and Transfer Agent. The campaign specifically focuses on helping shareholders update their KYC, bank mandates, nominee details, and contact information to ensure timely receipt of dividends.

Company Contact Information

DCW Limited has made the campaign communication available on its website at www.dcw ltd.com. Shareholders can reach out to the company's investor relations team at investor.relations@dcw ltd.com for any assistance related to this initiative. The company's head office is located at Nirmal, 3rd Floor, Nariman Point, Mumbai - 400 021, with telephone numbers 022-4957 3000 and 4957 3001.