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Unaudited Financial Results for the Quarter/Six Months Ended 30th September 2025

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(Rs. In Lakhs)

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER/HALF YEAR ENDED SEPTEMBER 30, 2025
Particulars	Quarter ended			Half Year ended		Year ended
	30-09-2025	30-06-2025	30-09-2024	30-09-2025	30-09-2024	31-03-2025
	Unaudited			Unaudited		Audited
1. Interest earned (a+b+c+d)	280797	256855	238653	537652	467349	967804
a) Interest / discount on advances / bills	232921	213063	197866	445984	386913	800765
b) Income on investments	46718	41751	39322	88469	77831	162247
c) Interest on balances with Reserve Bank of India & other interbank funds	711	1552	371	2263	798	2012
d) Others	447	489	1094	936	1807	2780
2. Other income	51232	44725	46948	95957	85540	182955
3. Total income (1+2)	332029	301580	285601	633609	552889	1150759
4. Interest expended	154679	148920	132405	303599	258423	541812
5. Operating expenses (i+ii)	75612	72110	71572	147722	138257	287714
(i) Employees cost	36513	36494	35700	73007	69046	144921
(ii) Other operating expenses	39099	35616	35872	74715	69211	142793
6. Total expenditure (excluding provisions and contingencies) (4+5)	230291	221030	203977	451321	396680	829526
7. Operating profit before provisions and contingencies (3-6)	101738	80550	81624	182288	156209	321233
8. Provisions (other than tax) and contingencies	27437	11814	17983	39251	31277	62160
9. Exceptional items	-	-	-	-	-	-
10. Profit from ordinary activities before tax (7-8-9)	74301	68736	63641	143037	124932	259073
11. Tax expense	16905	16591	16281	33496	31707	64909
12. Net profit from ordinary activities after tax (10-11)	57396	52145	47360	109541	93225	194164
13. Extraordinary items (net of tax expense)	-	-	-	-	-	-
14. Net profit for the period (12-13)	57396	52145	47360	109541	93225	194164
15. Paid-up equity share capital (FV Rs.2/- per share)	19328	16105	16096	19328	16096	16102
16. Reserves excluding revaluation reserve						1176852
17. Analytical ratio
(i) % of shares held by Government of India	-	-	-	-	-	-
(ii) Capital adequacy ratio - Basel III (%)	16.58	17.36	16.28	16.58	16.28	18.17
(iii) Earnings per share (EPS)¹ (Rs.)
a) Basic EPS before and after extraordinary items	5.94	5.40	4.90	11.34	9.65	20.10
b) Diluted EPS before and after extraordinary items	5.94	5.40	4.90	11.33	9.65	20.10
(iv) NPA ratios
a) Gross NPA	70783	59260	88561	70783	88561	64180
b) Net NPA	17575	17026	21922	17575	21922	16621
c) % of Gross NPA	0.76	0.66	1.10	0.76	1.10	0.76
d) % of Net NPA	0.19	0.19	0.28	0.19	0.28	0.20
(v) Return on asset (annualised) (%)	1.81	1.73	1.72	1.77	1.71	1.72
18. Net worth²	1264726	1215868	1081818	1264726	1081818	1164488
19. Paid up debt capital/ Outstanding debt³ (%)	-	-	-	-	-	-
20. Debt/equity ratio⁴	0.06	0.06	0.05	0.06	0.05	0.06
21. Total debts to total assets⁵ (%)	1.93	1.47	1.26	1.93	1.26	1.02
¹ - EPS not annualised for the quarter and half year. ² - Net worth is calculated as per guidelines given under RBI Master Circular on Exposure Norms. ³ - Outstanding debt / Total debts represent total borrowings of the Bank. Debt represents borrowings with residual maturity of more than one year. ⁴ - Equity represents total of share capital and free reserves less proposed dividend. ⁵ - Total assets as per Balance Sheet.

(Rs. In Lakhs)

SEGMENT REPORTING FOR THE QUARTER/HALF YEAR ENDED SEPTEMBER 30, 2025
Business Segments	Quarter ended			Half Year ended		Year ended
	30-09-2025	30-06-2025	30-09-2024	30-09-2025	30-09-2024	31-03-2025
	Unaudited			Unaudited		Audited
Segment revenue
1. Treasury	49009	52366	42931	101374	83790	174500
2. Corporate/Wholesale banking	59283	52370	50682	111653	99093	205470
3. Retail banking	219577	193529	187279	413106	362935	753218
a) Digital Banking	3	4	2	7	3	6
b) Other Retail Banking	219574	193525	187277	413099	362932	753212
4. Other banking operations	4160	3315	4709	7476	7071	17571
Total	332029	301580	285601	633609	552889	1150759
Segment results
1. Treasury	10020	15582	10501	25602	19821	40186
2. Corporate/Wholesale banking	20809	15495	16093	36304	31861	65298
3. Retail banking	76729	55780	60346	132509	116188	236876
a) Digital Banking	(7)	(6)	(12)	(13)	(22)	(39)
b) Other Retail Banking	76736	55786	60358	132522	116210	236915
4. Other banking operations	3302	2607	3647	5909	5475	13595
Total	110860	89464	90587	200324	173345	355955
Less: Unallocated income/expenses	9122	8914	8963	18036	17136	34722
Operating profit	101738	80550	81624	182288	156209	321233
Tax expense	16905	16591	16281	33496	31707	64909
Other provisions	27437	11814	17983	39251	31277	62160
Net profit from ordinary activities	57396	52145	47360	109541	93225	194164
Extraordinary items	-	-	-	-	-	-
Net profit	57396	52145	47360	109541	93225	194164
Segment assets
1. Treasury	2909097	2783796	2331480	2909097	2331480	2711385
2. Corporate/Wholesale banking	1947407	1878445	1678717	1947407	1678717	1721605
3. Retail banking	7412427	7148067	6400227	7412427	6400227	6811768
a) Digital Banking	-	-	2	-	2	2
b) Other Retail Banking	7412427	7148067	6400225	7412427	6400225	6811766
4. Other banking operations	-	-	-	-	-	-
5. Unallocated	740972	726802	813177	740972	813177	691984
Total segment assets	13009903	12537110	11223601	13009903	11223601	11936742
Segment liabilities
1. Treasury	2734076	2546207	2139089	2734076	2139089	2442639
2. Corporate/Wholesale banking	1734583	1684051	1509490	1734583	1509490	1548746
3. Retail banking	6602306	6410185	5753416	6602306	5753416	6129468
a) Digital Banking	-	-	-	-	-	-
b) Other Retail Banking	6602306	6410185	5753416	6602306	5753416	6129468
4. Other banking operations	-	-	-	-	-	-
5. Unallocated	659304	652037	731537	659304	731537	622934
Total (a)	11730269	11292480	10133532	11730269	10133532	10743787
Capital employed (Segment assets - Segment liabilities)
1. Treasury	175021	237589	192391	175021	192391	268746
2. Corporate/Wholesale banking	212824	194394	169227	212824	169227	172859
3. Retail banking	810121	737882	646811	810121	646811	682300
a) Digital Banking	-	-	2	-	2	2
b) Other Retail Banking	810121	737882	646809	810121	646809	682298
4. Other banking operations	-	-	-	-	-	-
5. Unallocated	81668	74765	81640	81668	81640	69050
Total (b)	1279634	1244630	1090069	1279634	1090069	1192955
Total segment liabilities (a+b)	13009903	12537110	11223601	13009903	11223601	11936742

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. The Bank operates only in India.

Digital Banking Segment is a sub-segment of Retail Banking Segment under Accounting Standard 17 – Segment Reporting and segment information disclosed above is related to the said Digital Banking Unit(DBU) for the quarter/half year ended 30th September 2025.

(Rs. In Lakhs)

STATEMENT OF ASSETS AND LIABILITIES
Particulars	As On
	30-09-2025	30-09-2024	31-03-2025
	Unaudited		Audited
Capital and liabilities
Capital	19328	16096	16102
Reserves and surplus	1260306	1073973	1176852
Deposits	11049164	9583852	10207799
Borrowings	251656	141799	121698
Other liabilities and provisions	429449	407881	414291
Total	13009903	11223601	11936742
Assets
Cash and balances with Reserve Bank of India	590488	545712	735419
Balances with banks and money at call and short notice	30093	23016	45253
Investments	2782366	2321382	2383125
Advances	9218486	7961880	8400454
Fixed assets	51151	46283	49017
Other assets	337319	325328	323474
Total	13009903	11223601	11936742

(Rs. In Lakhs)

CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30th SEPTEMBER 2025
Particulars	Half Year ended		Year ended
	30-09-2025	30-09-2024	31-03-2025
	Unaudited		Audited
Cash flow from/ (used in) operating activities
Net Profit as per Profit and Loss account	109541	93225	194164
Adjustments for
Depreciation on Bank's property	6264	5629	11373
Interest paid on TIER II bonds	-	-	-
Provisions for other contingencies	(1212)	3543	11785
Provision for taxes	33496	31707	64909
Provision for depreciation on investment	-	-	-
Provision for standard assets	3030	2378	3995
Provision for bad and doubtful debts	37486	25520	44040
Provision for non performing investments	(53)	(164)	2340
Provision for compensated absences	1249	411	3130
Provision for medical leave	355	-	1124
Amortization of premium paid on Held to Maturity (HTM) investments	4297	4352	8528
Provision for employees stock option plan / scheme	-	-	275
(Profit) /Loss on sale of fixed assets (net)	(91)	(150)	(306)
Operating profit before working capital changes	194362	166451	345357
Adjustments for working capital changes
(Increase) / Decrease in investments (excluding HTM investments)	(256826)	(52141)	52251
(Increase) / Decrease in advances	(855479)	(620588)	(1077642)
(Increase) / Decrease in other assets	(14663)	(12060)	8812
Increase / (Decrease) in deposits	841365	672579	1296526
Increase / (Decrease) in borrowings	129958	(106036)	(126137)
Increase / (Decrease) in other liabilities and provisions	(184)	31094	1039
	38533	79299	500206
Direct taxes paid	(21000)	(22000)	(51500)
Net cash flow from/ ( used in) operating activities	17533	57299	448706
Cash flow from investing activities
Purchase of fixed assets	(8439)	(8651)	(17163)
(Increase)/Decrease in HTM investments	(148614)	(27031)	(198283)
Sale of fixed assets / other assets	132	176	366
Net cash flow from / (used in) investing activities	(156921)	(35506)	(215080)
Cash flow from financing activities
Proceeds from share capital	5	9	15
Proceeds from share premium	204	241	427
Increase/(Decrease) in tier II bonds	-	-	-
Interest paid on tier II bonds	-	-	-
Dividend paid (including tax on dividend)	(20912)	(19172)	(19253)
Net cash flow from (used in) financing activities	(20703)	(18922)	(18811)
Net Increase/ (decrease) in cash & cash equivalents	(160091)	2871	214815
Cash and cash equivalents at the beginning of the year	780672	565857	565857
Cash and cash equivalents at the end of the period	620581	568728	780672

**Notes:**

1. The above unaudited financial results for the quarter/half year ended September 30, 2025 have been recommended by the Audit Committee of the Board and approved by the Board of Directors at the meeting held on October 17, 2025. 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 unqualified review report thereon.

2. The 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, profit on bullion business etc.

4. During the quarter and half year ended September 30, 2025 the Bank has allotted 85,615 and 2,27,690 equity shares (corresponding quarter and half year of previous year 1,31,806 and 4,33,470 equity shares) of face value Rs. 2/- each, pursuant to the exercise of stock options by employees.

5. During the quarter, 16,10,35,439 equity shares were allotted to the eligible holders of equity shares on the record date (i.e., August 26, 2025) as bonus equity shares by capitalizing securities premium. In accordance with the ‘AS 20 – Earnings per Share’, the figures of Earnings Per Share for quarter ended June 30, 2025, for the quarter and half year ended September 30, 2025 and year ended March 31, 2025 have been restated to give effect to the allotment of the bonus shares.

6. Disclosure as per RBI Circular DOR.STR.REC.51/21.04.048/2021-22 dated September 24,2021 (updated as on December 05, 2022 and December 28, 2023) in respect of loans not in default / stressed loans transferred / acquired during the quarter ended September 30,2025:

a) The Bank has not acquired any "loans not in default" through assignment.

b) Loans classified as NPAs and SMA transferred

(Rs. In Lakhs)

Particulars	Quarter ended September 30, 2025 Transferred to
Particulars	ARCs	Permitted transferees	Others
No. of accounts	-	-	-
Aggregate principal outstanding of loans transferred	-	-	-
Weighted average residual tenor of the loans transferred	-	-	-
Net book value of loans transferred (at the time of transfer)	-	-	-
Aggregate consideration	-	-	-
Additional consideration realized in respect of accounts transferred in earlier years	-	-	-
Excess provision reversed to the P&L a/c. on account of sale of NPA	-	-	-

c) The Bank has not invested in Security Receipts (SR) issued by Asset Reconstruction Companies (ARC) in respect of stressed loans transferred to ARCs.

d) Recovery Ratings assigned to outstanding SRs as on September 30, 2025 by Credit Rating Agencies:

(Rs. In Lakhs)

Rating Scale	Book Value
RR1	30.35
Unrated* (Rating Withdrawn)	249.70
Total	280.05
* Rating is not applicable after 8 years

7. Disclosure as per RBI circulars DOR.No.BP.BC/3/21.04.048/2020-21 dated August 06, 2020 (Resolution Framework 1.0) and DOR.STR.REC.11/21.04.048/2021-22 dated May 05, 2021 (Resolution Framework 2.0) "COVID-19 Related Stress of Individuals and Small Businesses" for the half-year ended September 30, 2025:

(Rs. In Lakhs)

Type of borrower	Exposure to accounts classified as Standard consequent to implementation of resolution plan – Position as at 31.03.2025	Of (A), aggregate debt that slipped into NPA during the half-year	Of (A), amount written off during the half-year	Of (A), amount paid by the borrowers during the half-year ¹	Exposure to accounts classified as Standard consequent to implementation of resolution plan – Position as at 30.09.2025
Type of borrower	A	B	C	D	E
Personal Loans	26702	329	-	2834	23783
Corporate persons*	10237	-	-	1958	9291
Of which MSMEs	-	-	-	-	-
Others	1170	-	-	187	1265
Total	38109	329	-	4979	34339
*As defined in Section 3(7) of the Insolvency and Bankruptcy Code, 2016 ¹ Represents Net Movement in Balances

8. Provision Coverage Ratio as on September 30, 2025, calculated as per RBI guidelines is 96.76% (96.09% for the corresponding period of the previous year).

9. In accordance with RBI circular DOR.CAP.REC.4/21.06.201/2024-25 dated April 01, 2024, read together with RBI circular DBR.No.BP.BC.1/21.06.201/2015-16 dated July 01,2015, Banks are required to make Pillar 3 disclosures under Basel III capital regulations. Accordingly, Pillar 3 disclosures under Basel III capital regulations will be made available on the Bank’s website at the following link https://www.kvb.bank.in/about-us/disclosures/pillar-III-disclosures/ , including disclosures in respect of Net Stable Funding Ratio (NSFR) as per RBI circular DOR.No.LRG.BC.40/21.04.098/2020-21 dated February 05, 2021 read together with circular DBR.BP.BC.No.106/ 21.04.098/2017-18 dated May 17, 2018. These disclosures have not been subjected to audit/review by the Joint Statutory Central Auditors.

10. The Bank does not have any Subsidiaries/Associates/Joint ventures as on September 30, 2025; hence, disclosure related to Consolidated Financial Statement is not applicable at this stage.

11. Figures for the previous period/s have been re-grouped / re-classified, where necessary, to make them comparable with current period figures.

Place: Karur
October 17, 2025

For and on behalf of Board of Directors,
B Ramesh Babu
MD & CEO
DIN: 06900325