Ahmedabad/Mumbai: Karur Vysya Bank has announced its financial results for the quarter and financial year ended March 31, 2026, reporting its highest-ever annual net profit of ₹2,510 crore and quarterly profit of ₹725 crore, driven by strong growth across deposits, advances, and retail banking segments.
The bank’s total business crossed ₹2.14 lakh crore during FY26, registering a year-on-year growth of 14.93%. Total deposits increased 13.31% to ₹1,15,666 crore, while advances grew 16.88% to ₹98,754 crore. The RAM (Retail, Agriculture and MSME) portfolio recorded robust growth of 17.69% during the year.
For FY26, net profit rose 29.25% year-on-year from ₹1,942 crore to ₹2,510 crore. Net Interest Income (NII) increased 15.94% to ₹4,939 crore, while Pre-Provision Operating Profit (PPOP) surged 26.87% to ₹4,075 crore. The bank maintained healthy profitability with Return on Assets (ROA) at 2.10% and Return on Equity (ROE) at 20.55% during the quarter ended March 2026.
Asset quality remained strong with Gross Non-Performing Assets (GNPA) improving to 0.75% and Net NPA at 0.19%. Capital Adequacy Ratio under Basel III stood at 18.76%, significantly above regulatory requirements.
Commenting on the performance, B. Ramesh Babu, Managing Director & CEO of Karur Vysya Bank, said the bank continued its strong growth trajectory guided by growth, profitability, and asset quality, while maintaining momentum across retail and MSME segments.
As of March 31, 2026, the bank’s network comprised 901 branches, one Digital Banking Unit, and 2,213 ATMs/Cash Recyclers across India, with over 54% branches located in semi-urban and rural regions.