The private sector lender’s net profit rose 21.1% year-on-year to ₹573.7 crore, up from ₹473.6 crore in the same quarter last year.
The bank’s net interest income (NII) grew 18.7% to ₹1,261 crore, compared with ₹1,062 crore a year ago, reflecting healthy loan growth and improved margins.
Asset quality remained largely stable, with gross non-performing assets (GNPA) rising slightly to 0.76% from 0.66% in the previous quarter, while net NPAs held steady at 0.19%.
Karur Vysya Bank’s performance underscores resilient operations amid a competitive lending environment, with management indicating a continued focus on credit growth, cost control, and maintaining strong asset quality metrics.
Shares of the lender ended 0.5% higher at a price of ₹227.40 on Friday. The stock has risen by 23% in the last six months.