Karur Vysya Bank has reported robust financial performance for the fiscal year ended March 31, 2026. The bank achieved a significant net profit of ₹2,510.33 crore for the full year. Driven by strong core income growth and improved asset quality, the Board has recommended a dividend of ₹2.60 per equity share, reflecting 130% of the face value, subject to shareholder approval at the upcoming annual general meeting.
Financial Highlights
For the financial year ended March 31, 2026, Karur Vysya Bank demonstrated solid growth across key metrics. The total income for the year stood at ₹13,158.67 crore, a notable increase compared to the previous fiscal year. Net profit for the period climbed to ₹2,510.33 crore, up from ₹1,941.64 crore in the prior year. The operating profit before provisions and contingencies also saw strong growth, reaching ₹4,074.98 crore.
Asset Quality and Capital Adequacy
The bank has maintained healthy asset quality, with a gross NPA ratio of 0.75% and a net NPA ratio of 0.19% as of the end of the fiscal year. The bank’s capital position remains strong, with a Basel III capital adequacy ratio of 18.76%, providing a solid foundation for future lending and operational expansion.
Dividend Recommendation
Reflecting the bank’s strong profitability and commitment to shareholder value, the Board of Directors has recommended a dividend of ₹2.60 per equity share (130% of the face value of ₹2.00). This payout remains subject to approval by shareholders at the bank’s next annual general meeting. The record date for this dividend will be announced in due course.
Segment Performance
Karur Vysya Bank’s diversified business model continued to perform well. Retail banking remains the largest contributor to segment revenue, generating ₹8,232.56 crore for the full year, followed by Corporate/Wholesale banking at ₹2,576.70 crore and Treasury operations contributing ₹2,127.26 crore. The bank continues to focus on its digital banking initiatives, which are classified as a sub-segment of its retail banking activities.
Source: BSE
