MoneyWorks4Me

Karnataka Bank reports 13% rise in Q2 consolidated net profit

14 Oct 2020 Evaluate

Karnataka Bank has reported results for second quarter ended September 30, 2020.

The bank has reported 12.78% rise in its net profit of Rs 119.44 crore for the quarter under review as compared to net profit of Rs 105.91 crore for the same quarter in the previous year. Total income of the bank marginally increased by 1.64% at Rs 1,933.52 crore for Q2FY21 as compared Rs 1,902.41 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 12.69% rise in its net profit of Rs 119.35 crore for the quarter under review as against net profit of Rs 105.91 crore for the same quarter in the previous year. Total income of the bank marginally increased by 1.64% at Rs 1,933.52 crore for Q2FY21 as compared Rs 1,902.41 crore for the corresponding quarter previous year.

Peers
Company Name CMP
HDFC Bank 729.10
ICICI Bank 1337.10
Axis Bank 1240.90
Kotak Mahindra Bank 412.80
Indusind Bank 957.10
View more..