Karur Vysya Bank shares rose sharply after the private sector lender reported a 37% year-on-year rise in Q2FY27 net profit to Rs 788 crore. Net interest income grew 19% to Rs 1,497.3 crore, while total business increased nearly 18% to Rs 2.40 lakh crore.
Karur Vysya Bank shares rose sharply after the private sector lender reported a 37% year-on-year rise in Q2FY27 net profit to Rs 788 crore. Net interest income grew 19% to Rs 1,497.3 crore, while total business increased nearly 18% to Rs 2.40 lakh crore.
<iframe src="https://hindustansphere.com/embed/cluster/75655f3bb080fc0350f69af8eb13cd96e6379a11" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Karur Vysya Bank shares rally 6% after Q2 profit jumps 37% YoY"></iframe>
Karur Vysya Bank shares rallied as much as 5.51% to hit an intraday high of Rs 364.70 on Friday after the private sector lender reported strong September quarter results, with net profit rising 37% year-on-year (YoY) and net interest income (NII) increasing 19%.The bank reported a net profit of Rs 788 crore in Q2, up 37% from Rs 574 crore in the corresponding quarter of the previous fiscal year.Net interest income, which represents the difference between interest earned and interest paid, rose …
