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Karnataka Bank - Quaterly Results

03 Aug 2023 Evaluate
The Revenue for the quarter ended  June 2023 of Rs. 19587.40 millions grew by 20.24 % from Rs. 16290.80 millions.Net Profit for the quarter ended June 2023 zoomed to 224.66% from Rs. 1141.80 millions to Rs. 3707.00  millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Interest Earned 19587.40 16290.80 20.24 19587.40 16290.80 20.24 72202.30 62216.60 16.05
Other Income 3238.40 1327.90 143.87 3238.40 1327.90 143.87 9925.80 9538.80 4.06
Interest Expended 11440.60 9415.20 21.51 11440.60 9415.20 21.51 40351.30 37306.30 8.16
Operating Expenses 5373.50 5373.50 31.84 5373.50 4075.70 31.84 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 1515.70 3629.00 -58.23 1515.70 3629.00 -58.23 7671.90 9394.40 -18.34
Tax 789.00 -643.00 -222.71 789.00 -643.00 -222.71 2608.00 1859.40 40.26
PAT 3707.00 1141.80 224.66 3707.00 1141.80 224.66 11802.40 5086.20 132.05
Equity 3124.40 3112.30 0.39 3124.40 3112.30 0.39 3123.50 3111.70 0.38
OPM 30.69 25.34 21.13 30.69 25.34 21.13 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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