Karur Vysya Bank announced Q1FY26 results Net profit for the quarter registered a growth of 13.51% and stood at Rs 521 crore from Rs 459 crore during Q1FY25. PPOP for the quarter increased by 7.91% is at Rs 805 crore, as compared to Rs 746 crore for Q1FY25. Net interest income increased by 5.16% to Rs 1,080 crore vis-a-vis Rs 1027 crore for Q1FY25. Net interest margin stands at 3.86% as compared to 4.14 % for the Q1FY25. Cost of deposits has increased by 29 bps and stands at 5.77% as compared to 5.48% for the Q1FY25. Yield on advances has been decreased by 12 bps to 10% from 10.12% for the Q1FY25. Commission and fee based income has improved by 5.02% on QoQ basis to Rs 251 crore from Rs 239 crore for Q1FY25. Operating expenses for the quarter was Rs 721 crore as compared to Rs 667 crore during the Q1FY25. Cost to income ratio stands at 47.24% (47.20% for Q1FY25. Capital Adequacy: Capital Adequacy Ratio (CRAR) as per Basel III guidelines was at 17.36% as on on June 30, 2025 (16.47% as on June 30, 2024) as against a regulatory requirement of 11.50%. Tier 1 was at 16.33% as of June 30, 2025 compared to 15.58% as of June 30, 2024. Risk-weighted Assets were at Rs 69,441 crore as on June 30, 2025 (Rs 62,352 crore as at June 30, 2024). Asset Quality: Gross non-performing assets (GNPA) has improved by 66 bps and stands at 0.66% of gross advances as on June 30, 2025 (Rs 593 crore) vis a vis 1.32% as on June 30, 2024 (Rs 1,025 crore). Net non-performing assets (NNPA) is below 1% and stands at 0.19% of net advances as on June 30, 2025 (Rs 170 crore), against 0.38% as on June 30, 2024 (Rs 294 crore). Provision Coverage Ratio (PCR) was at 96.76% as at June 30, 2025, as against 94.91% as at June 30, 2024. Network: As of June 30, 2025, the Bank’s distribution network stands at 888 branches and 1 Digital Banking Unit and 2,226 ATMs / Cash Recyclers as against 840 branches and 2,253 ATMs / Cash Recyclers as of June 30, 2024. 55% of our branches are in semi-urban and rural areas. In addition, we have 374 business correspondents. Ramesh Babu B, Managing Director & CEO, The Karur Vysya Bank, said: We are pleased to report that our performance indicators align with our previously issued guidance. Notably, we successfully front-loaded growth in the first quarter of this financial year, consistent with our approach over recent years. Our sustained and inclusive results across all three key metrics—growth, profitability, and asset quality—demonstrate the ongoing strength of our performance since the beginning of the year. The bank’s total business reached Rs 1,96,024 crore, reflecting our sustained growth momentum in the first quarter, with an overall business increase of 5% (QOQ) and a yearon-year growth of 15%. Advances rose to Rs 89,374 crore, representing a growth of 6% (QOQ), while deposits increased to Rs 1,06,650 crore, achieving a (QOQ) growth rate of 4%. Building on its strong performance, the Bank recorded its highest profit of Rs 521 crore. The bank is entering into 110th year of Journey we honour our history while looking ahead to the future, and reaffirm our unwavering dedication to serving as a trusted partner throughout every customer’s financial journey. Result PDF