Karur Vysya Bank Q3 Net Profit Soars 39% to ₹690 Crore; Business Crosses ₹2.11 Lakh Crore
Earnings
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CNBC TV18•23-01-2026, 22:42
Karur Vysya Bank Q3 Net Profit Soars 39% to ₹690 Crore; Business Crosses ₹2.11 Lakh Crore
- •Karur Vysya Bank reported a 39% increase in net profit, reaching ₹690 crore for the October-December 2025 quarter.
- •The Tamil Nadu-based bank's net profit for the nine months ended December 31, 2025, rose 25% to ₹1,785 crore.
- •Total business grew by 16.29% to ₹2,11,647 crore as of December 31, 2025, compared to the previous year.
- •Net interest income (NII) for the quarter increased by 14.62% to ₹1,239 crore.
- •Asset quality improved significantly, with gross non-performing assets (GNPA) declining to 0.71% and net non-performing assets at 0.19%.
Why It Matters: Karur Vysya Bank achieved a robust 39% rise in Q3 net profit, driven by strong business growth and improved asset quality.
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