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Karnataka Bank - Quaterly Results

03 Aug 2023 Evaluate
The revenue zoomed 20.24% to Rs. 19587.40 millions for the quarter ended June 2023 as compared to Rs. 16290.80 millions during the corresponding quarter last year.Net Profit witnessed a 224.66% growth almost the double from Rs. 1141.80 millions to Rs. 3707.00  millions  of same quarter last year.


(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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