KVB reports 37% rise in net profit in Q2 FY27 | Chennai News


KVB reports 37% rise in net profit in Q2 FY27

Chennai: Private sector lender Karur Vysya Bank (KVB) on Thursday posted a 37.3% growth in net profit at Rs 788 crore in the quarter ended Sept 30, 2026, against Rs 574 crore during the corresponding quarter last year.Its net interest income increased by 18.7% to Rs 1,497 crore (Sept 30, 2026) from Rs 1,261 crore in the same quarter previous year and net interest margin stood at 4.34% (Q2 FY27) as compared to 4.24% (Q2 FY26). The total advances as on Sep 30, 2026, stood at Rs 1,11,589 crore, registering a YoY growth of 20.5% from Rs 92,724 crore during the year ago quarter. KVB MD and CEO Ramesh Babu B said, the bank recorded its highest profit in Q2 FY27.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *