Karur Vysya Bank soars after Q1 PAT climbs 45% YoY to Rs 756 cr
Mumbai, July 21 -- Total income increased 15.76% to Rs 3,491.21 crore in Q1 FY27 from the year-ago period, while profit before tax (PBT) rose 46.26% to Rs 1,005.31 crore.
Net interest income (NII) increased by 31.76% to Rs 1,423 crore in Q1 FY27 compared with Rs 1,080 crore for corresponding quarter of previous year. Net interest margin (NIM) stands at 4.34% in Q1 FY27 compared to 3.86 % for the corresponding quarter of the previous year.
The bank's total business rose 15.94% year-on-year (YoY) to Rs 2,27,267 crore as of 30 June 2026. Total deposits increased 14.94% YoY to Rs 1,22,587 crore, while total advances grew 17.13% YoY to Rs 1,04,680 crore during the period under review.
On the asset quality front, gross non-performing assets ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.