Karur Vysya Bank Ltd — Q4 FY26

Karur Vysya Bank delivered a strong Q4 FY26 with net profit of ₹2,500 crore for the full year, up 29% YoY, and quarterly PAT of ₹725 crore — both all-time highs. Full-year NIM came in at 3.97%, above the revised guidance of 3.75-3.80%, aided by a 9bps sequential reduction in cost of funds and 16bps increase in advance yields. Asset quality remained robust with GNPA at 0.75% and net NPA at 0.19%. Management guided for FY27 credit growth of 1-2% above industry, NIM of 3.75-3.80%, and ROA of 1.7-1.8%, reflecting cautious optimism amid geopolitical uncertainties. A key risk is potential margin compression from rising deposit costs and competitive pressure on lending yields, which could pressure profitability if not managed carefully.