Karur Vysya Bank announced Q2FY26 results Q2FY26 Financial Highlights: Balance sheet size as of September 30, 2025 was Rs 1,30,099 crore as against Rs 1,12,236 crore as of September 30, 2024, a growth of 15.92%. Total business as on 30th September 2025 stands at Rs 2,03,216 crore, registering a Y-o-Y growth of 15.37% i.e. up by Rs 27,078 crore from Rs 1,76,138 crore as on 30.09.2024. Total deposits as on 30th September 2025 stands at Rs 1,10,492 crore, registering a YoY growth of 15.29% i.e. up by Rs 14,653 crore from Rs 95,839 crore as on 30.09.2024. Net profit for the quarter registered a robust growth of 21.35% and stood at Rs574 crore from Rs 473 crore during corresponding quarter of previous year. PPOP for the quarter increased by 24.63% is at Rs 1,017 crore, as compared to Rs 816 crore for corresponding quarter of the previous year. Net interest income increased by 5.65% to Rs 1,122 crore (excluding one off interest income) crore vis-à-vis Rs 1,062 crore for corresponding quarter of previous year. Net interest margin stands at 3.77% (excluding one off interest income) as compared to 4.12% for the corresponding quarter of the previous year. The cost of deposits has increased by 4 bps and stands at 5.60% as compared to 5.56 % for the corresponding quarter of previous year. Yield on advances reduced to 9.76% (excluding one off interest income) by 34 bps as compared to 10.10% for the corresponding quarter of the previous year. Commission and fee based income has improved by 10.00% on YoY basis to Rs 253 crore from Rs 230 crore for corresponding quarter of the previous year. Operating expenses for the quarter was Rs756 crore as compared to Rs 716 crore during the corresponding quarter of the previous year. Cost to income ratio stands at 42.63% (46.72% for Q2 of previous year). Capital Adequacy Ratio (CRAR) as per Basel III guidelines was at 16.58% as on September 30, 2025 (16.28% as on September 30, 2024) as against a regulatory requirement of 11.50%. Riskweighted Assets were at Rs 72,498 crore as on September 30, 2025 (Rs 63,263 crore as at September 30, 2024). Gross non-performing assets (GNPA) has increased by 10 bps compared with Q1 of current financial year and stands at 0.76% of gross advances as on September 30, 2025 (Rs 708 crore) and 1.10% as on September 30, 2024 (Rs 886 crore). Provision Coverage Ratio (PCR) was at 96.76% as at September 30, 2025, as against 96.09% as at September 30, 2024. Ramesh Babu B, Managing Director & CEO, The Karur Vysya Bank said, I am pleased to announce that the bank has achieved the significant milestone of reaching Rs 2 lakh crore in business at the conclusion of the second quarter. Notably, the bank has added Rs 75,000 crore in business over the past three and a half years. This progress demonstrates that management's initiatives regarding key metrics are advancing effectively. As of 30th September 2025, the bank’s total business reached Rs 2,03,216 crore, reflecting our sustained growth momentum in the second quarter, with an overall business increase of 4% (QOQ) and a year-on-year growth of 15%. Advances rose to Rs 92,724 crore, representing a growth of 4% (QOQ), while deposits increased to Rs 1,10,492 crore, achieving a (QOQ) growth rate of 4%. Both Advances and Deposits grew by 15% each on YoY basis. The inclusive growth from all the business segments has supported for reaching net profit of Rs 1095 crore for the half year. Result PDF