Karur V Bank - Results Sept 2025

Karur V Bank - Results Sept 2025

Q2FY26 Financial Highlights: Balance sheet size as of September 30, 2025 was Rs 1,30,099 crore as against Rs 1,12,236 crore as of September 30, 2024, a growth of 15.92%. Total business as on 30th September 2025 stands at Rs 2,03,216 crore, registering a Y-o-Y growth of 15.37% i.e. up by Rs 27,078 crore from Rs 1,76,138 crore as on 30.09.2024. Total deposits as on 30th September 2025 stands at Rs 1,10,492 crore, registering a YoY growth of 15.29% i.e. up by Rs 14,653 crore from Rs 95,839 crore as on 30.09.2024. Net profit for the quarter registered a robust growth of 21.35% and stood at Rs574 crore from Rs 473 crore during corresponding quarter of previous year. PPOP for the quarter increased by 24.63% is at Rs 1,017 crore, as compared to Rs 816 crore for corresponding quarter of the previous year. Net interest income increased by 5.65% to Rs 1,122 crore (excluding one off interest income) crore vis-à-vis Rs 1,062 crore for corresponding quarter of previous year. Net interest margin stands at 3.77% (excluding one off interest income) as compared to 4.12% for the corresponding quarter of the previous year. The cost of deposits has increased by 4 bps and stands at 5.60% as compared to 5.56 % for the corresponding quarter of previous year. Yield on advances reduced to 9.76% (excluding one off interest income) by 34 bps as compared to 10.10% for the corresponding quarter of the previous year. Commission and fee based income has improved by 10.00% on YoY basis to Rs 253 crore from Rs 230 crore for corresponding quarter of the previous year. Operating expenses for the quarter was Rs756 crore as compared to Rs 716 crore during the corresponding quarter of the previous year. Cost to income ratio stands at 42.63% (46.72% for Q2 of previous year). All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24