Karnataka Bank has reported result for the fourth quarter and year ended March 31, 2015.
The bank has posted a rise of 65.52% in its net profit at Rs 134.42 crore for the quarter ended March 31, 2015 as compared to Rs 81.21 crore for the same quarter in the previous year. Total income of the bank has increased by 11.55% at Rs 1308.04 crore for quarter under review as compared to Rs 1172.58 crore for the quarter ended March 31, 2014.
For the year ended March 31, 2015, the bank has posted a jump of 45.15% in its net profit at Rs 451.45 crore as compared to Rs 311.03 crore for the same period in the previous year. Total income of the bank has surged by 10.89% at Rs 5205.41 crore for year under review as compared to Rs 4694.41 crore for the period ended March 31, 2014.
