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Karur Vysya Bank Q4 Results: Net profit rises 12% YoY to Rs 513 crore; stock rises
Karur Vysya Bank Q4 Results: Net profit rises 12% YoY to Rs 513 crore; stock rises

Time of India

time20-05-2025

  • Business
  • Time of India

Karur Vysya Bank Q4 Results: Net profit rises 12% YoY to Rs 513 crore; stock rises

Karur Vysya Bank gained 1.22% on BSE as investors reacted positively to its fourth quarter earnings. The Sensex meanwhile fell 1.03% Tuesday. The bank's scrip closed the day at Rs 228.20 against the previous close of Rs 225.45. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ein Hausrezept für eine saubere Leber und weniger Bauchfett (vor dem Schlafen) Gesund Entgiften Undo The private sector lender reported a 12.50% year-on-year rise in fourth quarter net profit at Rs 513 crore as compared with Rs 456 crore in the year-ago period Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. The pre-provision operating profit stood 17.60% higher at Rs 835 crore, as compared to Rs 710 crore earlier. The bank has made the highest ever annual profit of Rs 1,942 crore for the year ended March 31 and highest quarterly profit of Rs 513 crore, managing director B Ramesh Babu said. "The strong performance was guided by our three key metrics: growth, profitability, and asset quality," he said. Live Events Its net interest margin for the quarter was at 4.05% as compared with 4.20% for the corresponding quarter of the previous year. Net interest income increased by 9.11% at Rs 1,089 crore. The bank's total advances rose 13/5% year-on-year to 84,491 crore at the end of March while gross non-performing assets ratio stood lower at 0.76%, down 64 basis points year-on-year. Total deposits grew 14.6% to Rs 1.02 lakh crore.

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