Karur Vysya Bank Limited — Q1FY27 Earnings Call Summary

KARURVYSYA · Q1FY27 · Filed 24 Jul 2026

Key Takeaways

• NIM at 4.26% (guidance 3.7-3.8% FY27); yield on advances 10.01%, cost of deposits up 4 bps
• Branch expansion planned: 50 branches in H1 FY27; cost-to-income ratio expected 42-43%
• Q1 FY27 total business grew 16% y-y to INR2.27tn; advances and deposits up 6% q-o-q
• Growth guidance: 1-2% above system for credit; NIM and asset quality guidance maintained
• Management cautious on margin pressure from competition; focus on CASA and retail deposits
• Credit cost annualized 0.33%; GNPA 0.74%, net NPA 0.19%, CRAR 18.61%
• Operating profit INR1,096cr (+36% y-y, -12% q-o-q); net profit INR756cr (+45% y-y, +4% q-o-q)
• Retail advances grew 23% y-y; BNPL growth 2% q-o-q; gold loan yield ~11-12%
• ECL provisioning buffers strong; write-off recoveries variable; management transition planned

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.