Karnataka Bank has reported results for first quarter ended June 30, 2021.
The bank has reported 45.98% fall in its net profit of Rs 106.08 crore for the quarter under review as against net profit of Rs 196.38 crore for the same quarter in the previous year. Total income of the bank decreased 17.58% at Rs 1759.41 crore for Q1FY22 as compared Rs 2134.63 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported 46.07% fall in its net profit of Rs 105.91 crore for the quarter under review as against net profit of Rs 196.38 crore for the same quarter in the previous year. Total income of the bank decreased by 17.58% at Rs 1759.38 crore for Q1FY22 as compared Rs 2134.63 crore for the corresponding quarter previous year.
