MoneyWorks4Me

Karnataka Bank reports 8% rise in Q1 consolidated net profit

25 Jul 2022 Evaluate

Karnataka Bank has reported results for first quarter ended June 30, 2022.

The bank has reported a rise of 7.64% in its net profit at Rs 114.18 crore for the quarter under review as compared to Rs 106.08 crore for the same quarter in the previous year. Total income of the bank increased by 0.73% at Rs 1761.87 crore for Q1FY23 as compared Rs 1749.15 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a rise of 7.69% in its net profit at Rs 114.05 crore for the quarter under review as compared to Rs 105.91 crore for the same quarter in the previous year. Total income of the bank increased by 0.73% at Rs 1761.87 crore for Q1FY23 as compared Rs 1749.12 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..