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Karnataka Bank - Quaterly Results

26 May 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 19693.00 millions, about 24.74% up against Rs. 15787.80 millions recorded during the year-ago period.The Net Profit of the company vaulted to 171.38% to Rs. 3537.50  millions from Rs. 1303.50 millions in the previous quarter.


(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 729.10
ICICI Bank 1337.10
Axis Bank 1240.90
Kotak Mahindra Bank 412.80
Indusind Bank 957.10
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