Karur Vysya Bank Limited — Q1FY27 earnings call summary

Filed 24 July 2026 · Official transcript

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%