Karur Vysya Bank Q3 FY25 Results: NII grows 7.75% to Rs 1,078.79 crore

Karur Vysya Bank (KVB) has reported its financial results for Q3 FY25, demonstrating significant growth across key metrics, including Net Interest Income (NII), profitability, and improved asset quality.

Net Interest Income (NII) (₹ in Crores):

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  • 31-Dec-2024 (Q3 FY25): ₹1,078.79 crore
  • 30-Sep-2024 (Q2 FY25): ₹1,059.95 crore
  • 31-Dec-2023 (Q3 FY24): ₹1,001.29 crore

NII Growth:

  • QoQ (Quarter-on-Quarter): Increased by 1.78%.
  • YoY (Year-on-Year): Increased by 7.75%.

Key Financial Metrics (₹ in Crores):

Net Profit (PAT):

  • Q3 FY25: ₹496.03 crore
  • QoQ: Increased by 4.87% from ₹473.60 crore in Q2 FY25.
  • YoY: Increased by 20.47% from ₹411.63 crore in Q3 FY24.

Gross NPA (Non-Performing Assets):

  • Improved to ₹690.92 crore (0.83%) of total advances compared to ₹885.61 crore (1.10%) in Q2 FY25.
  • YoY: Declined significantly from ₹1,151.86 crore (1.58%) in Q3 FY24.

Net NPA:

  • Reduced to ₹166.69 crore (0.20%) from ₹219.22 crore (0.28%) in Q2 FY25.
  • YoY: Improved significantly from ₹305.27 crore (0.42%) in Q3 FY24.

Total Income:

  • Q3 FY25: ₹2,953.44 crore
  • QoQ: Increased by 3.51% from ₹2,856.01 crore in Q2 FY25.
  • YoY: Increased by 18.25% from ₹2,497.17 crore in Q3 FY24.

Operating Profit:

  • Q3 FY25: ₹815.27 crore
  • QoQ: Marginal change from ₹816.24 crore in Q2 FY25.
  • YoY: Increased by 20.17% from ₹675.90 crore in Q3 FY24.

Operational Highlights:

  1. Improved Asset Quality:
    A significant reduction in Gross and Net NPA levels underscores Karur Vysya Bank’s enhanced focus on asset quality management.
  2. Consistent Growth in NII:
    The steady growth in NII highlights the bank’s efficient lending strategies and interest income generation.
  3. Expense Management:
    Controlled expenses and lower provisions have supported profitability growth.
  4. Robust Profitability:
    The bank reported strong growth in PAT, reflecting its ability to navigate challenges and sustain operational efficiency.

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