Karur Vysya Bank Boosts Profit by 41% Amid Earnings Surge
Karur Vysya Bank reported an impressive 41% year-on-year jump in net profit to ₹725 crore for Q4 FY26. Total income also increased significantly. Gross NPAs moderated to 0.75%. The board proposed a ₹2.6 per share dividend, with the year-end profit reaching ₹2,510 crore.
On Thursday, Karur Vysya Bank, a private sector lender, announced a significant 41% year-on-year increase in net profit, reaching ₹725 crore for the quarter ending in March 2026. This marks a substantial rise from the ₹513.36 crore net profit reported in the corresponding quarter of the previous fiscal year.
The bank's total income for the January-March period of FY 2025-26 climbed to ₹3,519.45 crore, compared to ₹3,025.26 crore in Q4 FY25. Furthermore, Karur Vysya Bank generated ₹2,903.65 crore in interest during this quarter, surpassing ₹2,516 crore recorded in the same period last year.
In terms of asset quality, the bank's gross Non-Performing Assets (NPAs) slightly decreased to 0.75% of gross advances, down from 0.76% at the close of March 2025. Meanwhile, net NPAs declined to 0.19% from 0.20% a year earlier. The board has recommended a dividend of ₹2.6 per equity share, subject to shareholder approval. Shares of Karur Vysya Bank closed 5.33% higher at ₹321.4 on the BSE.
(With inputs from agencies.)
ALSO READ
Transcorp Delivers All-Time High Earnings for Q4 and FY26; Declares 30% Dividend and Gains Access to RBI's Centralised Payment Systems With NEFT/RTGS Capabilities
LIC profit surges 19% YoY to Rs 57,419 cr in FY26, recommends Rs 10 dividend
IndiQube Spaces posts Rs 23 cr net loss in Mar qtr; Rs 106 cr for FY26
Viyash Scientific Delivers Best-Ever Quarter; EBITDA Crosses INR200 Crore in Q4 FY26
Private banks' return on equity moderates in FY26 amid NIM pressure, treasury losses
Google News