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Karnataka Bank - Quaterly Results

02 Nov 2023 Evaluate
The revenue for the September 2023 quarter is pegged at Rs. 20265.90 millions, about 14.43% up against Rs. 17710.50 millions recorded during the year-ago period.Net profit declined -19.77% to Rs. 3302.60 millions from Rs. 4116.30 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Interest Earned 20265.90 17710.50 14.43 39853.30 34001.30 17.21 72202.30 62216.60 16.05
Other Income 2495.90 2600.40 -4.02 5734.30 3928.30 45.97 9925.80 9538.80 4.06
Interest Expended 12041.80 9683.20 24.36 23482.40 19098.40 22.95 40351.30 37306.30 8.16
Operating Expenses 5498.50 5498.50 13.38 10872.00 8925.20 21.81 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 1198.70 -138.40 -966.11 2714.40 3490.60 -22.24 7671.90 9394.40 -18.34
Tax 720.20 1800.30 -60.00 1509.20 1157.30 30.41 2608.00 1859.40 40.26
PAT 3302.60 4116.30 -19.77 7009.60 5258.10 33.31 11802.40 5086.20 132.05
Equity 3128.70 3113.10 0.50 3128.70 3113.10 0.50 3123.50 3111.70 0.38
OPM 25.76 32.63 -21.03 28.19 29.13 -3.25 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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