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Karnataka Bank - Quaterly Results

26 May 2023 Evaluate
The company witnessed a 24.74% growth in the revenue at Rs. 19693.00 millions for the quarter ended March 2023 as compared to Rs. 15787.80 millions during the year-ago period.The company almost doubled its revenue to Rs. 3537.50 millions  from Rs. 1303.50 millions in the quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Interest Earned 19693.00 15787.80 24.74 72202.30 62216.60 16.05 72202.30 62216.60 16.05
Other Income 3952.40 2569.00 53.85 9925.80 9538.80 4.06 9925.80 9538.80 4.06
Interest Expended 11092.50 9222.90 20.27 40351.30 37306.30 8.16 40351.30 37306.30 8.16
Operating Expenses 5695.30 5695.30 6.80 19694.50 18109.10 8.75 19694.50 18109.10 8.75
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 2532.60 959.10 164.06 7671.90 9394.40 -18.34 7671.90 9394.40 -18.34
Tax 787.50 1538.60 -48.82 2608.00 1859.40 40.26 2608.00 1859.40 40.26
PAT 3537.50 1303.50 171.38 11802.40 5086.20 132.05 11802.40 5086.20 132.05
Equity 3123.50 3111.70 0.38 3123.50 3111.70 0.38 3123.50 3111.70 0.38
OPM 34.82 24.08 44.63 30.58 26.26 16.45 30.58 26.26 16.45
Peers
Company Name CMP
HDFC Bank 707.10
ICICI Bank 1354.10
Axis Bank 1259.00
Kotak Mahindra Bank 440.10
Indusind Bank 862.45
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