Karur Vysya Bank Aims for Above-Industry Credit Growth, Reports 13% Profit Surge in Q4
Karur Vysya Bank aims to outpace industry average credit growth by 2% in FY26. Plans to open 28 new branches in H1. Targets include Net Interest Margin of 3.70-3.75%, Cost-to-Income Ratio of ~50%, GNPA below 1.50%, and Net NPA under 1.00%. Q4 FY25 net profit reached Rs 513 crore, up 13% YoY.
20May 25
Karur Vysya Bank Q4 Results: Strong Growth in Risk Assessment Model Amid NIM Pressure Concerns
Karur Vysya Bank's Q4 results show significant growth. Net profit increased by 12.56% to ₹513.40 crore, while revenue grew 7.53% to ₹3,025.30 crore. Operating profit surged 40.02% to ₹1,590.90 crore. The bank's risk assessment model improved by 20% YoY, and it maintained low net NPAs. However, high exposure to EBLR loans (52% of portfolio) could pressure Net Interest Margin.
19May 25
Karur Vysya Bank Reports 13% Increase in Q4 Profit, Announces Dividend
Karur Vysya Bank posted strong Q4 results with a 13% YoY increase in net profit to ₹513.00 crore. Net Interest Income rose 9% YoY to ₹1,089.00 crore. Gross NPA improved to 0.76% from 0.83% QoQ, while Net NPA remained stable at 0.20%. The bank declared a dividend of ₹2.60 per share. Annual performance showed significant growth with revenue up 28.49% and net profit increasing 45.09% YoY. Operating Profit Margin improved to 60.17% from 54.50% last year.
01Apr 25
Karur Vysya Bank Reports 14% Growth in Total Business Amid Leadership Changes
Karur Vysya Bank (KVB) announced a 14.08% year-on-year increase in total business for the fiscal year 2025. The bank also reported the retirement of Shri Venkatesan R, Deputy General Manager and Head of Operations, effective March 29, 2025. KVB assured stakeholders of a smooth transition, citing adequate internal resources for succession.
25Mar 25
Karur Vysya Bank Sees Major Block Trade Amidst Branch Expansion
A significant block trade of 1,511,752 Karur Vysya Bank (KVB) shares occurred on NSE at Rs. 213.79 per share, totaling Rs. 32.32 crores. Simultaneously, KVB opened four new branches, bringing its total to 884, as part of its FY 2024-25 growth strategy. The bank reported strong financials with a total business of Rs. 181,993 crores and a net profit of Rs. 1,428 crores for the current fiscal's first nine months. KVB maintains a healthy 0.20% Net NPA ratio and continues to enhance its digital banking offerings.