Karur Vysya Bank (KVB) announced a 16.29% increase in total business and record net profit for the quarter ended December 31, 2025. The standalone net profit is higher than the annual profit of FY2022. Asset quality improved with GNPA at 0.71% and NNPA at 0.19%. The bank continues to focus on growth, profitability, and asset quality.
Financial Highlights
Total business increased by 16.29% YOY and 4.15% for Q3 FY2026. Deposits are up by 15.57% YOY and 3.71% for the quarter. Loan book grew by 17.16% YOY and 4.67% for the quarter. CASA ratio stood at 27.23%. The Cost to Income Ratio for the period is at 43.98%.
Profitability
ROA for the quarter is at 2.05%, and ROE is at 20.48%. Net profit for Q3 FY2026 registered a robust growth of 39%, reaching ₹690 crore compared to ₹496 crore in the corresponding quarter of the previous year. PPOP for the quarter increased by 23.31% to ₹1,005 crore. Net interest income increased by 14.62% to ₹1,239 crore.
Asset Quality and Capital Adequacy
GNPA improved to 0.71%, and NNPA is at 0.19%. The Capital Adequacy Ratio (CRAR) stood at 16.05% as of December 31, 2025, compared to 15.91% in the previous year.
Management Commentary
According to Mr. Ramesh Babu B, Managing Director & CEO, current performance indicators align with previously issued guidance. The Bank’s total business crossed ₹2,11,647 crore. The Q3 FY2026 standalone net profit is higher than the annual profit of FY2022. ROA for the current quarter is 2.05%.
Network Update
As of December 31, 2025, the bank’s distribution network comprises 898 branches and 1 Digital Banking Unit and 2,211 ATMs / Cash Recyclers. 55% of the branches are in semi-urban and rural areas. KVB has 431 business correspondents.
Source: BSE
