INTEGRATED FILING — BANKING



General information about company

Scrip code 590003
NSE Symbol KARURVYSYA
MSEI Symbol NOTLISTED
ISIN INE036D01028
Name of bank KARUR VYSYA BANK LIMITED
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 19-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 19-May-2025   12:00:00
End date and time of board meeting 19-May-2025   16:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. Yes
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2023-02-18
Indicate Company website link for updated RPT policy of the Company https://www.kvb.co.in/docs/related-party-transactions-policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There are no default of loans and debt securities.


Financial Results - Banking
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Interest earned
Interest or discount on advances or bills 20804500000 80076500000
Income on investments 4214000000 16224700000
Interest on balances with reserve bank of India and other inter bank funds 98200000 201200000
Others 42600000 278000000
Total interest earned 25159300000 96780400000
2 Other income 5093300000 18295500000
3 Total income 30252600000 115075900000
Expenses
4 Interest expenses 14266700000 54181200000
5 Operating expenses
(i) Employees cost 3849300000 14492100000
(ii) Details of other operating expenses
Description of other operating expenses
1 Rent, Taxes and Lighting 635700000 2570300000
2 Printing and Stationery 58800000 187800000
3 Advertisement and Publicity 12800000 78200000
4 Depreciation on bank's Property 300800000 1137400000
5 Directors' fees, allowance and expenses 19300000 36400000
6 Auditors fees and Expenses 10600000 40500000
7 Law Charges 2900000 14200000
8 Postage, Telegrams & Telephones, Reparis and Maintenance etc., 384700000 1359800000
9 Insurance 352100000 1244000000
10 Other expenditure 2009200000 7610700000
Total other operating Expenses 3786900000 14279300000
Total Operating Expenses 7636200000 28771400000
6 Total expenditure excluding provisions and contingencies 21902900000 82952600000
7 Operating profit before provision and contingencies 8349700000 32123300000
8 Provisions other than tax and contingencies 1614000000 6216000000
9 Exceptional items 0 0
10 Total profit (loss) from ordinary activities before tax 6735700000 25907300000
11 Provision for Tax 1602100000 6490900000
12 Net profit (loss) from ordinary activities after tax 5133600000 19416400000
13 Extraordinary items net of tax expenses 0 0
14 Net profit (loss) for the period 5133600000 19416400000
15 Share of profit (loss) of associates
16 Profit (loss) of minority interest
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates 5133600000 19416400000
18 Details of equity share capital [Abstract]
Paid-up equity share capital 1610200000 1610200000
Face value of equity share capital 2 2
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) 117685200000
20 Analytical ratios
(i) Percentage of share held by government of India 0 0
(ii) Capital adequacy ratio
CET 1 ratio 18.17 18.17
Additional Tier 1 ratio 0 0
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items 6.38 24.13
Diluted earnings per share before extraordinary items 6.37 24.12
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items 6.38 24.13
Diluted earnings per share after extraordinary items 6.37 24.12
(iv) NPA Ratios
Amount of gross non-performing assets 6418000000 6418000000
Amount of net non-performing assets 1662100000 1662100000
% of gross NPAs 0.76 0.76
% of net NPAs 0.2 0.2
Return on assets 1.73 1.72
21 Disclosure of notes on financial results by banks


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
1 Capital and liabilities
Capital 1610200000
Reserves and surplus 117685200000
Deposits 1020779900000
Borrowings 12169800000
Other liabilities and provisions 41429100000
Total Capital Liabilities 1193674200000
2 ASSETS
Cash and Balances with Reserve Bank of India 73541900000
Balances with Banks and money at call and short notice 4525300000
Investments 238312500000
Advances 840045400000
Fixed Assets 4901700000
Other Assets 32347400000
Total Assets 1193674200000
Disclosure of notes on assets and liabilities


Text Block
Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury 4555300000 17450000000
2 Corporate/Wholesale banking 5394000000 20547000000
3 Digital Banking 200000 600000
4 Other Retail Banking 19648900000 75321200000
5 Other Banking Operations 654200000 1757100000
6 Un allocatted 0 0
Total Segment Revenue 30252600000 115075900000
Less: Inter segment revenue
Income from operations 30252600000 115075900000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury 1028900000 4018600000
2 Corporate/Wholesale banking 1703700000 6529800000
3 Digital Banking -800000 -3900000
4 Other Retail Banking 5984500000 23691500000
5 Other Banking Operations 505000000 1359500000
6 Un allocatted 0 0
Total Profit before tax 9221300000 35595500000
i. Finance cost 0 0
ii. Other Unallocable Expenditure net off Unallocable income 871600000 3472200000
Profit before tax 8349700000 32123300000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury 271138500000 271138500000
2 Corporate/Wholesale banking 172160500000 172160500000
3 Digital Banking 200000 200000
4 Other Retail Banking 681176600000 681176600000
5 Other Banking Operations 0 0
6 Un allocatted 69198400000 69198400000
Total Segment Assets 1193674200000 1193674200000
Un-allocable Assets 0 0
Net Segment Assets 1193674200000 1193674200000
4 Segment Liabilities
Segment Liabilities
1 Treasury 244263900000 244263900000
2 Corporate/Wholesale banking 154874600000 154874600000
3 Digital Banking 0 0
4 Other Retail Banking 612946800000 612946800000
5 Other Banking Operations 0 0
6 Un allocatted 62293400000 62293400000
Total Segment Liabilities 1074378700000 1074378700000
Un-allocable Liabilities 119295500000 119295500000
Net Segment Liabilities 1074378700000 1074378700000
Disclosure of notes on segments




Cash Flow Statement, Indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 0
Adjustments for depreciation and amortisation expense 1137300000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 7491100000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 8628400000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 5225100000
Adjustments for decrease (increase) in trade receivables -107764200000
Adjustments for decrease (increase) in other current assets 881200000
Adjustments for increase (decrease) in trade payables 129652600000
Adjustments for increase (decrease) in other current liabilities -12613700000
Adjustments for provisions 103900000
Total adjustments for working capital 15484900000
Total adjustments for reconcile profit (loss) 24113300000
Net cash flows from (used in) operations 50020600000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 5150000000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 44870600000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 44870600000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of tangible assets 36600000
Purchase of tangible assets 1716300000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -19828300000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -21508000000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -21508000000
5 Cash flows from used in financing activities
Proceeds from issuing shares 1500000
Proceeds from issuing other equity instruments 42700000
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Dividends paid 1925300000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items -1881100000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities -1881100000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 21481500000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 21481500000
Cash and cash equivalents cash flow statement at beginning of period 56585700000
Cash and cash equivalents cash flow statement at end of period 78067200000


Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 KALYANIWALLA & MISTRY LLP Yes 31-Jul-2027
2 VARMA & VARMA Yes 31-Jul-2025


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth

Any other financial item(s) (as felt appropriate by the management)



Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Karur Vysya Bank Limited R Ramkumar Director & Promoter Group Remuneration As per the Bank’snPolicy in line with thenregulation 1050000 0 0
2 Karur Vysya Bank Limited AVS & AVR Promoter Related Entity Purchase of goods or services 2000000 Approved 473000 0 0
3 Karur Vysya Bank Limited AKC Service Station Promoter Related Entity Purchase of goods or services 2000000 Approved 502000 0 0
4 Karur Vysya Bank Limited A K Praburaj Promoter Any other transaction Concession on Service Charges 100000 Approved 20000 0 0
5 Karur Vysya Bank Limited A J Suriyanarayana Promoter Any other transaction Concession on Service Charges 1000000 Approved 294000 0 0
6 Karur Vysya Bank Limited R Ramkumar Director & Promoter Group Any other transaction Concession on Service Charges 25000 Approved 1000 0 0
Total value of transaction during the reporting period 2340000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt