The Karur Vysya Bank Limited (BOM:590003)

The Karur Vysya Bank Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest Income on Loans	82,478	96,780	82,132	65,165	55,877	54,704
Interest Paid on Deposits	56,471	54,181	43,947	31,677	28,723	31,109
Net Interest Income	43,125	42,599	38,184	33,488	27,154	23,595
Net Interest Income Growth (YoY)	9.48%	11.56%	14.02%	23.33%	15.08%	0.49%
Gain (Loss) on Sale of Assets	-	30.63	78.31	10.36	11.03	2.23
Gain (Loss) on Sale of Investments	-	683.62	2,944	291.51	-501.75	2,169
Other Non-Interest Income	18,909	17,581	13,473	11,287	8,181	7,017
Total Non-Interest Income	18,909	18,296	16,495	11,589	7,691	9,188
Non-Interest Income Growth (YoY)	10.48%	10.92%	42.33%	50.70%	-16.30%	-20.42%
Revenues Before Loan Losses	62,034	60,895	54,679	45,077	34,844	32,783
Provision for Loan Losses	6,068	6,217	7,288	10,390	6,992	7,571
Revenue	55,966	54,678	47,391	34,688	27,853	25,212
Revenue Growth (YoY)	13.11%	15.38%	36.62%	24.54%	10.47%	25.19%
Salaries and Employee Benefits	14,779	14,465	14,576	10,043	9,445	11,536
Occupancy Expenses	-	4,779	4,260	3,938	3,732	3,666
Selling, General & Administrative	27.5	645.85	569.43	580.47	594.02	515.58
Other Non-Interest Expense	14,507	8,855	6,947	5,741	4,766	4,150
Total Non-Interest Expense	29,314	28,771	26,388	20,320	18,542	19,868
EBT Excluding Unusual Items	26,652	25,907	21,003	14,368	9,311	5,344
Other Unusual Items	-	0.7	-1.3	0.4	-1.4	-
Pretax Income	26,652	25,907	21,002	14,369	9,309	5,344
Income Tax Expense	6,607	6,491	4,954	3,308	2,577	1,750
Net Income	20,044	19,416	16,048	11,061	6,733	3,594
Net Income to Common	20,044	19,416	16,048	11,061	6,733	3,594
Net Income Growth	17.57%	20.99%	45.09%	64.29%	87.34%	52.92%
Basic Shares Outstanding	966	966	964	961	959	959
Diluted Shares Outstanding	966	966	965	964	960	959
Shares Change (YoY)	0.18%	0.17%	0.10%	0.32%	0.13%	-
EPS (Basic)	20.76	20.11	16.66	11.51	7.02	3.75
EPS (Diluted)	20.74	20.10	16.64	11.48	7.01	3.75
EPS Growth	17.35%	20.78%	44.92%	63.85%	87.05%	52.93%
Dividend Per Share	2.167	2.167	2.000	1.667	1.333	0.417
Dividend Growth	8.33%	8.33%	20.00%	25.01%	219.97%	-
Effective Tax Rate	24.79%	25.05%	23.59%	23.02%	27.68%	32.75%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.