Karur Vysya Bank Q3 FY26: Profit Surges 39% as Stock Hits Record High

shares witnessed a massive 12% rally, hitting a fresh all-time high of ₹298 following a stellar Q3 performance. The bank reported a 39% year-on-year (YoY) increase in net profit, reaching ₹690 crore compared to ₹496 crore in the same period last year. This growth was supported by a strong Net Interest Income (NII) of ₹1,239 crore, up from ₹1,081 crore YoY, and a 23% rise in pre-provision operating profit to ₹1,005 crore. The bank's asset quality showed further improvement, with Gross NPAs declining to 0.71% and Net NPAs falling to a marginal 0.19%. This financial health was complemented by a 16% growth in total deposits, which reached ₹2,11,647 crore, and an 11% growth in CASA deposits. On the lending side, the bank's RAM (Retail, Agriculture, and Commercial) verticals saw a robust 19% increase, signaling strong credit demand across its core segments. Historically, the stock has been a multi-bagger for long-term investors, rallying nearly 700% since June 2022. After closing 2025 with a 46% annual gain, the bank has already jumped another 12% in early 2026. With falling provisions and strengthening deposit bases, the bank continues its multi-year winning streak, reflecting high investor confidence in its operational efficiency and growth trajectory.