Karur Vysya Bank Q1 FY27 Results: Net Profit Rises 45% To Reach ₹756 Crore

Karur Vysya Bank reported a 45% year-on-year (YoY) rise in net profit to ₹756 crore, while advances grew 17% to ₹1,04,680 crore during the June quarter. Deposits also increased 15% to ₹1,22,587 crore.

Karur Vysya Bank Q1 FY27 Financial Results

The lender's net interest margin (NIM) improved to 4.26% from 3.86% a year earlier, while operating profit rose 36% to ₹1,096 crore. Return on assets (RoA) improved to 2.11% from 1.53%, while return on equity (RoE) rose to 20.24% from 16.76%.

The cost-to-income ratio stood at 41.79%, compared with 47.24% in the corresponding quarter last year. The cost of deposits declined to 5.45% from 5.77%, while the yield on advances increased marginally to 10.01%.

The bank's CASA stood at ₹33,776 crore, up 15% year-on-year.

Karur Vysya Bank: Business Performance

In Karur Vysya Q1 results, gross loans amounted to ₹1,04,680 crore. Commercial banking sector loans represented the largest category. They account for ₹36,459 crore. The personal banking segment had loans worth ₹27,770 crore, whereas the loans to the agriculture sector constituted ₹26,095 crore. In the corporate banking segment, total advances were ₹14,356 crore.

Asset quality remained strong. Gross NPA improved 0.1% from the previous quarter to reach 0.74%, while net NPA remained at 0.19%. The provision coverage ratio stood at 96.21%, and the total stressed asset ratio declined to 0.42% of total assets.

At the close of the quarter, there were altogether 903 physical retail branches and 338 business correspondent (BC) channels. The bank's digital interface handled 98% of the transactions made during the reporting period.

On 21 July 2026, Karur Vysya Bank shares were up by 10.03% and trading at ₹3331.20 at 11:33 AM, on the National Stock Exchange (NSE).

Also Read - IDBI Bank Q1 FY27 Results: Net Profit Rises 5% To ₹2,115 Crore As Advances Grow 22% YoY