Karnataka Bank has reported results for first quarter ended June 30, 2023 (Q1FY24).
The bank has reported over 3-fold jump in its net profit at Rs 370.70 crore for the quarter under review as compared to Rs 114.18 crore for the same quarter in the previous year. Total income of the bank increased by 29.55% at Rs 2,282.58 crore for Q1FY24 as compared Rs 1,761.87 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 3-fold jump in net profit at Rs 370.73 crore for the first quarter ended June 30, 2023 as compared to Rs 114.05 crore for the same quarter in the previous year. Total income of the company increased by 29.55% at Rs 2,282.59 crore for Q1FY24 as compared Rs 1,761.87 crore for the corresponding quarter previous year.
