KARUR VYSYA BANK LTD

During the earnings conference call held on July 20, 2026, management of Karur Vysya Bank reported a total business of INR 2,27,267 crores for the quarter ended June 30, 2026, reflecting a 6% quarter-on-quarter growth and 16% year-on-year growth. Advances and deposits both increased by 6% quarter-on-quarter. The bank's net interest margin (NIM) was maintained at 4.26%, with management guiding for a full-year NIM range of 3.7% to 3.8%. Operating profit for the quarter was reported at INR 1,096 crores, a 36% increase year-on-year but a 12% decline sequentially. Net profit stood at INR 756 crores, up 4% quarter-on-quarter and 45% year-on-year. Management highlighted a focus on maintaining asset quality, with gross NPA at 0.74% and net NPA at 0.19%. The bank plans to open 50 branches in the current year and emphasized a cautious approach to growth amid evolving market conditions.

Management presented a balanced view of growth and challenges during the earnings call.