KVB Q1 net profit up 14%, announces 1:5 bonus issue

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Karur Vysya Bank (KVB) first quarter net profit increased 13.51% to ₹521 crore from ₹459 crore in the same period last year. The bank’s board also approved issuance of bonus equity shares in the proportion of 1:5.Net interest margin stood at 3.86% as compared to 4.14% last year.Net interest income increased by 5.16% to ₹1,080 crore in the April-June quarter, 2025-2026 from ₹1,027 crore for corresponding quarter of previous year.Total deposits as on 30th June 2025 crossed ₹1 lakh crore and stands at ₹1,06,650 crore, registering a growth of 15.49% from ₹92,349 crore as on 30.06.2024.Total advances as on 30th June 2025 stands at ₹89,374 crore, up 15.01% from ₹77,710 crore as on 30.06.2024.Gross non-performing assets (GNPA) improved by 66 bps and stood at 0.66% of gross advances as on June 30, 2025, when compared to 1.32% as on June 30, 2024. Net NPA stood at 0.19% as on June 30, 2025 against 0.38% as on June 30, 2024.Published - July 24, 2025 10:31 pm IST