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via economictimes.indiatimes.comBusiness & Companies

Karur Vysya Bank shares rally 6% after Q2 profit jumps 37% YoY

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

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.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSolid quarterly results from an Indian private bank drove the shares higher.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q2FY27 net profit rose 37% year on year to Rs 788 crore.
  2. 02Net interest income grew 19% to Rs 1,497.3 crore.
  3. 03Total business increased nearly 18% to Rs 2.40 lakh crore.

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