The Karur Vysya Bank Limited (NSE:KARURVYSYA)

The Karur Vysya Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest Income on Loans	80,077	82,039	65,165	55,877	54,704
Interest Income on Investments	16,704	-	-	-	-
Total Interest Income	96,780	82,039	65,165	55,877	54,704
Interest Paid on Deposits	54,181	43,947	31,677	28,723	31,109
Net Interest Income	42,599	38,092	33,488	27,154	23,595
Net Interest Income Growth (YoY)	11.83%	13.75%	23.33%	15.08%	0.49%
Gain (Loss) on Sale of Assets	-	78.31	10.36	11.03	2.23
Gain (Loss) on Sale of Investments	-	2,944	291.51	-501.75	2,169
Other Non-Interest Income	18,296	13,565	11,287	8,181	7,017
Total Non-Interest Income	18,296	16,587	11,589	7,691	9,188
Non-Interest Income Growth (YoY)	10.30%	43.12%	50.70%	-16.30%	-20.42%
Revenues Before Loan Losses	60,895	54,679	45,077	34,844	32,783
Provision for Loan Losses	6,216	7,288	10,390	6,992	7,571
Revenue	54,679	47,391	34,688	27,853	25,212
Revenue Growth (YoY)	15.38%	36.62%	24.54%	10.47%	25.19%
Salaries and Employee Benefits	14,465	14,576	10,043	9,445	11,536
Occupancy Expenses	-	4,260	3,938	3,732	3,666
Selling, General & Administrative	27.5	569.43	580.47	594.02	515.58
Other Non-Interest Expense	14,279	6,947	5,741	4,766	4,150
Total Non-Interest Expense	28,771	26,388	20,320	18,542	19,868
EBT Excluding Unusual Items	25,907	21,003	14,368	9,311	5,344
Other Unusual Items	-	-1.3	0.4	-1.4	-
Pretax Income	25,907	21,002	14,369	9,309	5,344
Income Tax Expense	6,491	4,954	3,308	2,577	1,750
Net Income	19,416	16,048	11,061	6,733	3,594
Net Income to Common	19,416	16,048	11,061	6,733	3,594
Net Income Growth	20.99%	45.09%	64.29%	87.34%	52.92%
Basic Shares Outstanding	805	803	801	799	799
Diluted Shares Outstanding	805	804	803	800	799
Shares Change (YoY)	0.15%	0.10%	0.32%	0.13%	-
EPS (Basic)	24.13	19.99	13.81	8.42	4.50
EPS (Diluted)	24.12	19.97	13.78	8.41	4.50
EPS Growth	20.78%	44.92%	63.85%	87.05%	52.93%
Dividend Per Share	2.600	2.400	2.000	1.600	0.500
Dividend Growth	8.33%	20.00%	25.00%	220.00%	-
Effective Tax Rate	25.05%	23.59%	23.02%	27.68%	32.75%

Updated Jan 20, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.