Karur Vysya Bank shares jump 13% after Q1 profit hits record ₹756 crore
Karur Vysya Bank shares surged 14% after the bank reported a record quarterly profit of ₹756 crore for Q1FY27, marking a 45% year-on-year increase. Despite the impressive results, the bank's management cautioned against assuming sustained growth, citing a front-loaded business performance in the first quarter. The bank maintained its credit growth guidance at 1% to 2% above industry levels and expects Gross NPA to remain below 1.5%.