Karur Vysya Bank Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Karur Vysya Bank reported total business of INR2,27,267 crores as of 30th June 2026, with advances at INR1,04,680 crores and deposits at INR1,22,587 crores, each growing 6% quarter-on-quarter. Net interest margin was maintained at 4.26%, net profit for the quarter was 756 crores, up 4% quarter-on-quarter and 45% year-on-year, while gross NPA declined marginally to 0.74% and net NPA remained steady at 0.19%. Management described the quarter's growth as broad-based across retail, commercial and corporate segments, while noting a sequential decline in noninterest income due to lower write-off recoveries and one-off items in the prior quarter.
Karur Vysya Bank reported record quarterly and full-year net profit for Q4 and FY26, with net interest margin for the full year at 3.97% and gross NPA at 0.75%. Management said advances grew 17% and deposits grew 13% year-on-year, while total business rose 15% to Rs 2,14,420 crores. For FY27, management guided to net interest margins of 3.75% to 3.8%, credit growth of 1% to 2% over industry, and return on assets of 1.7% to 1.8%, citing rising deposit costs and competitive pressure on yields.