UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026

View PDF version

(Rs. In Lakh)
Financial results
Particulars Quarter ended Year ended
30-06-2026
(Unaudited)		 31-03-2026
(Audited, refer note 13)		 30-06-2025
(Unaudited)		 31-03-2026
(Audited)
1. Interest earned (a+b+c+d) 304942 290365 256855 1107435
a) Interest / discount on advances / bills 251624 236516 213063 911137
b) Income on investments 51065 50141 41751 188392
c) Interest on balances with Reserve Bank of India & other interbank funds 1805 1123 1552 3909
d) Other interest 448 2585 489 3997
2. Other income 44179 61580 44725 208432
3. Total income (1+2) 349121 351945 301580 1315867
4. Interest expended 162667 154488 148920 613580
5. Operating expenses (i+ii) 76894 72781 72110 294789
(i) Employees cost 39927 34075 36494 143404
(ii) Other operating expenses 36967 38706 35616 151385
6. Total expenditure (excluding provisions and contingencies) (4+5) 239561 227269 221030 908369
7. Operating profit before provisions and contingencies (3-6) 109560 124676 80550 407498
8. Provisions (other than tax) and contingencies 9029 25766 11814 75494
9. Exceptional items Nil Nil Nil Nil
10. Profit from ordinary activities before tax (7-8-9) 100531 98910 68736 332004
11. Tax expense 24961 26414 16591 80971
12. Net profit from ordinary activities after tax (10-11) 75570 72496 52145 251033
13. Extraordinary items (net of tax expense) Nil Nil Nil Nil
14. Net profit for the period (12-13) 75570 72496 52145 251033
15. Paid-up equity share capital (Face Value Rs.2/- per share) 19333 19333 16105 19333
16. Reserves excluding revaluation reserves 1391454
17. Analytical ratios
(i) % of shares held by Government of India Nil Nil Nil Nil
(ii) Capital adequacy ratio - Basel III (%) 18.61 18.76 17.36 18.76
(iii) Earnings per share (EPS)1 (Rs.) (refer note no.11)
a) Basic EPS before and after extraordinary items 7.82 7.50 5.40 25.98
b) Diluted EPS before and after extraordinary items 7.82 7.50 5.40 25.97
(iv) NPA ratios
a) Gross NPA 77189 74391 59260 74391
b) Net NPA 19576 18621 17026 18621
c) % of Gross NPA 0.74 0.75 0.66 0.75
d) % of Net NPA 0.19 0.19 0.19 0.19
(v) Return on asset (annualised) (%) 2.11 2.10 1.73 1.93
18. Net worth2 1452634 1370180 1215868 1370180
19. Paid up debt capital/ Outstanding debt3 (%) Nil Nil Nil Nil
20. Debt4/equity ratio5 0.04 0.03 0.06 0.03
21. Total debts to total assets (%) 1.44 1.92 1.47 1.92

1 – EPS not annualised for the quarter.

2 – Net worth is calculated as per the Reserve Bank of India (Commercial Banks - Concentration Risk Management) Directions, 2025, dated November 28, 2025 (including AFS Reserve considered for Tier 1 Capital), as reduced by proposed dividend.

3 – Outstanding debt / Total debts represent total borrowings of the Bank.

4 – Debt represents borrowings with residual maturity of more than one year.

5 – Equity represents total of share capital and reserves less proposed dividend.

(Rs. In Lakh)
Segment reporting
Business Segments Quarter ended Year ended
30-06-2026
(Unaudited)		 31-03-2026
(Audited, refer note 13)		 30-06-2025
(Unaudited)		 31-03-2026
(Audited)
Segment revenue
1. Treasury 56411 58465 52366 212726
2. Corporate/Wholesale banking 64629 63014 52370 257670
3. Retail banking 225113 221301 193529 823256
a)Digital Banking 6 5 4 16
b) Other Retail Banking 225107 221296 193525 823240
4. Other banking operations 2968 9165 3315 22215
Total 349121 351945 301580 1315867
Segment results
1. Treasury 16404 19878 15582 59092
2. Corporate/Wholesale banking 22748 24226 15495 88250
3. Retail banking 75913 80990 55780 276402
a) Digital Banking (6) (6) (6) (28)
b) Other Retail Banking 75919 80996 55786 276430
4. Other banking operations 2382 7413 2607 17766
Total 117447 132507 89464 441510
Less: Unallocated income/expenses 7887 7831 8914 34012
Operating profit 109560 124676 80550 407498
Tax expense 24961 26414 16591 80971
Other provisions 9029 25766 11814 75494
Net profit from ordinary activities 75570 72496 52145 251033
Extraordinary items Nil Nil Nil Nil
Net profit 75570 72496 52145 251033
Segment assets
1. Treasury 3208519 3066943 2832108 3066943
2. Corporate/Wholesale banking 2325887 2114679 1878445 2114679
3. Retail banking 8262369 7867918 7148067 7867918
a) Digital Banking Nil Nil Nil Nil
b) Other Retail Banking 8262369 7867918 7148067 7867918
4. Other banking operations Nil Nil Nil Nil
5. Unallocated 639635 610769 678490 610769
Total segment assets 14436410 13660309 12537110 13660309
Segment liabilities
1. Treasury 3164691 3032979 2590051 3032979
2. Corporate/Wholesale banking 2025613 1839743 1684051 1839743
3. Retail banking 7195892 6845556 6410185 6845556
a) Digital Banking Nil Nil Nil Nil
b) Other Retail Banking 7195892 6845556 6410185 6845556
4. Other banking operations Nil Nil Nil Nil
5. Unallocated 557012 531243 608192 531243
Total (a) 12943208 12249521 11292479 12249521
Capital employed (Segment assets - Segment liabilities)
1. Treasury 43828 33964 242057 33964
2. Corporate/Wholesale banking 300274 274936 194394 274936
3. Retail banking 1066477 1022362 737882 1022362
a) Digital Banking Nil Nil Nil Nil
b) Other Retail Banking 1066477 1022362 737882 1022362
4. Other banking operations Nil Nil Nil Nil
5. Unallocated 82623 79526 70298 79526
Total (b) 1493202 1410788 1244631 1410788
Total segment liabilities (a+b) 14436410 13660309 12537110 13660309

For the above segment reporting, the reportable segments are identified into Treasury, Corporate/Wholesale banking, Retail banking (Digital Banking & Other Retail Banking) and other banking operations in compliance with RBI guidelines and Accounting Standard 17 – Segment Reporting. The Bank operates only in India.Digital Banking Segment is disclosed as a sub-segment of Retail Banking Segment as per the RBI guidelines.

Notes

  1. The above unaudited financial results for the quarter ended June 30, 2026 have been reviewed and recommended by the Audit Committee of the Board and approved by the Board of Directors at their meetings held on July 20, 2026. These unaudited financial results have been subjected to limited review as per the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), by the Joint Statutory Central Auditors (M/s. Kalyaniwalla & Mistry LLP, Chartered Accountants and M/s. Varma & Varma, Chartered Accountants) of the Bank and have issued an unmodified conclusion in their limited review report thereon.
  2. The unaudited financial results are prepared after considering provisions for non-performing advances, non-performing investments, standard advances (including stressed advances/sectors), restructured advances, exposures to entities with unhedged foreign currency exposure, income tax (including litigated taxes as applicable) and other necessary provisions.
  3. Other income includes fees earned from providing services to customers, commission from non-fund based banking activities, earnings from foreign exchange transactions, selling third party products, profit on sale of investments (net), recoveries in written off accounts etc.
  4. During the quarter ended June 30, 2026 the Bank has allotted 22,570 equity shares (corresponding quarter of previous year 1,42,075 equity shares) of face value Rs. 2/- each, pursuant to the exercise of stock options by employees.
  5. Disclosure as per RBI Circular RBI/DOR/2025-26/167 DOR.ACC.REC.No.86/21.04.018/2025-26 dated November 28, 2025, in respect of loans not in default / stressed loans transferred / acquired during the quarter ended June 30, 2026:
    1. Loans not in default acquired through assignment
      (Rs. In Lakh)
      Loans not in default acquired through assignment
      Particulars Quarter ended June 30, 2026 Acquired from
      SCBs, RRBs, UCBs, StCBs, DCCBs, AIFIs, SFBs and NBFCs (incl. HFCs) ARCs
      Aggregate principal outstanding of loans acquired Nil Nil
      Aggregate consideration paid Nil Nil
      Weighted average holding period Nil Nil
      Weighted average residual tenor of loans acquired Nil Nil
      Coverage of tangible security Nil Nil
      Retention of beneficial economic interest by the transferor Nil Nil
      Rating wise distribution of loans acquired Nil Nil
    2. Loans classified as NPAs and SMA transferred
      (Rs. In Lakh)
      Loans classified as NPAs and SMA transferred
      Particulars Quarter ended June 30, 2026 Transferred to
      ARCs Permitted transferees Others
      No. of accounts Nil Nil Nil
      Aggregate principal outstanding of loans transferred Nil Nil Nil
      Weighted average residual tenor of the loans transferred Nil Nil Nil
      Net book value of loans transferred (at the time of transfer) Nil Nil Nil
      Aggregate consideration Nil Nil Nil
      Additional consideration realized in respect of accounts transferred in earlier years Nil Nil Nil
      Excess provision reversed to the P&L a/c. on account of sale of NPA Nil Nil Nil
    3. The Bank has neither transferred any stressed (SMA) loans & loans not in default nor has acquired any stressed loans / loans classified as NPA.
    4. Recovery Ratings assigned to outstanding SRs as on June 30, 2026 by Credit Rating Agencies:
      (Rs. In Lakhs)
      Recovery ratings assigned to outstanding security receipts
      Rating Scale Book Value
      RR1 1864
      RR1+ Nil
      RR2 Nil
      RR3 Nil
      RR5 Nil
      Unrated* (Rating Withdrawn) 24964
      Total 26828

      *Rating is not applicable after 8 years

  6. Disclosure as per the Reserve Bank of India (Commercial Banks-Financial statements: Presentation and Disclosures) Directions, 2025 dated November 28,2025, and as amended thereafter in respect of Project finance loans for the quarter ended June 30,2026, is given below:
    Project finance loans
    S.No Item Description Number of accounts Total Outstanding # (Rs. in lakhs)
    1 Projects under implementation accounts at the beginning of the quarter. 24 62003
    2 Projects under implementation accounts sanctioned during the quarter. 10 6971
    2A Projects under implementation accounts closed during the quarter 1* Nil
    3 Projects under implementation accounts where DCCO has been achieved during the quarter Nil Nil
    4 Projects under implementation accounts at the end of the quarter. (1+2-2A-3) 33 68974
    5 Out of '4' – accounts in respect of which resolution process involving extension in original/extended DCCO, as the case may be, has been invoked. 1 1404
    5.1 Out of '5' – accounts in respect of which Resolution plan has been implemented. 1 1404
    5.2 Out of '5' – accounts in respect of which Resolution plan is under implementation. Nil Nil
    5.3 Out of '5' – accounts in respect of which Resolution plan has failed Nil Nil
    6 Out of '5', accounts in respect of which resolution process involving extension in original/extended DCCO, as the case may be, has been invoked due to change in scope and size of the project. Nil Nil
    7 Out of '5', account in respect of which cost overrun associated with extension in original/extended DCCO, as the case may be, was funded Nil Nil
    7.1 Out of '7', accounts where SBCF was sanctioned during financial closure and renewed continuously Nil Nil
    7.2 Out of '7', accounts where SBCF was not pre-sanctioned or renewed continuously Nil Nil
    8 Out of '4' – accounts in respect of which resolution process not involving extension in original/extended DCCO, as the case may be, has been invoked. Nil Nil
    8.1 Out of '8' – accounts in respect of which Resolution plan has been implemented. Nil Nil
    8.2 Out of '8' – accounts in respect of which Resolution plan is under implementation. Nil Nil
    8.3 Out of '8' – accounts in respect of which Resolution plan has failed. Nil Nil

    # total outstanding is as at June 30,2026.

    * Represents accounts closed during the quarter before achievement of DCCO.

  7. In terms of Reserve Bank of India (Commercial Banks – Transfer and Distribution of Credit Risk) Directions,2025, necessary details of Co-Lending Arrangements (CLAs) on an aggregate basis are given below:
    Co-lending arrangements
    S. No Particulars As on June 30, 2026
    1 Quantum of CLAs
    Number of CLA partners
    Number of Outstanding cases
    Amount of Gross Outstanding (Rs. In lakhs)
    9
    7038402
    102195
    2 Weighted average rate of interest (%) * 18.56
    3 Fees charged/Paid during the quarter ended June 30, 2026 (Rs. in lakhs) 1498
    4 Broad sectors in which CLA was made Vehicle loan, Gold loan, Secured Loan against property, Unsecured Personal loan and Home loan
    5 Performance of loans under CLA (Rs. In lakhs)
    Standard loans
    Non-Performing loans
    98515
    3680
    6 Details relating to default loss guarantee (if any) Axio Digital Pvt Ltd -DLG cover not exceeding 5% of the monthly disbursal cohort.
    Varashakti Housing Finance Pvt Ltd- DLG cover not exceeding 2.5% of loans of the portfolio identified for DLG cover as per agreement.
    ART Housing Finance (India) Ltd - DLG cover not exceeding 1% of the aggregate outstanding amount of loans forming part of relevant portfolio.
    Micro Green Housing Finance Pvt Ltd - DLG cover not exceeding 2.5% of portfolio identified for DLG cover as per agreement.

    * Subvented loans are not considered for determination of weighted average rate of interest.

  8. Provision Coverage Ratio as on June 30, 2026, calculated as per RBI guidelines is 96.21% (96.76% for the corresponding period of previous year).
  9. As per the extant RBI guidelines, banks are required to make Pillar 3 disclosures including leverage ratio, liquidity coverage ratio and Net Stable Funding Ratio (NSFR) under the Basel III Capital Regulations. Accordingly, such applicable disclosures have been placed on the website of the Bank, which can be accessed at the following link: https://www.kvb.bank.in/about-us/disclosures/pillar-III-disclosures/. These disclosures have not been subjected to audit or review by the Joint Statutory Auditors of the Bank.
  10. The Bank does not have any Subsidiaries/Associates/Joint ventures as on June 30, 2026 and hence, disclosure related to Consolidated Financial Results is not applicable at this stage.
  11. Earnings per share information for the quarter ended June 30,2025 reflect effect of bonus shares issued in quarter ended September 30, 2025.
  12. Figures for the previous period/s have been re-grouped / re-classified, where necessary, to make them comparable with current period figures.
  13. The Figures for the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of year ended March 31, 2026 and the published year to date figures upto December 31, 2025, which were subject to limited review.
Place: Karur
Date: July 20, 2026
For and on behalf of Board of Directors,
B. Ramesh Babu
Managing Director & CEO
(DIN:06900325)