Aureliusbusiness.com 21/07/2026
Shares of Karur Vysya Bank Ltd (KVB) rallied as much as 11% intraday on Tuesday, hitting a high of ₹334.80 on the BSE against the previous close of ₹301.25, after the private lender posted a strong set of numbers for the June quarter.
Q1 FY27 Highlights
KVB reported a net profit of ₹756 crore, up 45% YoY from ₹521 crore, marking its highest-ever quarterly profit. Net Interest Income rose 32% YoY to ₹1,423 crore, while Net Interest Margin expanded to 4.34% from 3.86% a year ago.
Business Growth
Total business grew 15.94% YoY to ₹2.27 lakh crore. Advances rose 17.13% YoY to ₹1.05 lakh crore, crossing the ₹1 lakh crore mark for the first time, while deposits grew 14.94% YoY to ₹1.23 lakh crore. The RAM (Retail, Agriculture, MSME) book grew 18% YoY.
Asset Quality & Capital
GNPA improved slightly to 0.74%, NNPA held steady at 0.19%, and CRAR stood strong at 18.61% — well above regulatory norms. Return on Assets (annualised) rose to 2.11% from 1.73%.
Aurelius Business View
KVB's all-round improvement in profitability, margins, and asset quality stands out at a time when deposit costs are rising sector-wide. However, the stock remains over 12% below its 52-week high, and rising funding costs bear watching in coming quarters as a test of margin sustainability.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Stock market investments are subject to market risks. Readers are advised to consult a certified financial advisor before making any investment decisions. Aurelius Business does not take responsibility for any investment decisions made based on this article.
