Karur Vysya Bank reports strong Q4 earnings with 41% profit growth
Karur Vysya Bank reported a 41.2% YoY increase in net profit to ₹725 crore for Q4, driven by a 21% rise in other income. The stock rose 5.5% following the announcement, reflecting positive market sentiment.
after close1 source ↓written by the desknot a recommendation
- following a strong
- 5.5%
- YoY
- ₹725 cr
- also grew
- 21%
- reaching
- ₹615 cr
- and Net NPA
- 0.75%
Shares of Karur Vysya Bank rose 5.5% following a strong Q4 report, with net profit up 41.2% YoY to ₹725 cr. Other income also grew by 21%, reaching ₹615 cr. Asset quality remained stable, with Gross NPA at 0.75% and Net NPA unchanged at 0.19%. 📈
Not investment advice. For informational purposes only.