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Karnataka Bank - Quaterly Results

23 Jan 2024 Evaluate
A fair growth of 14.15% in the revenue at Rs. 21126.10 millions was reported in the December 2023 quarter as compared to Rs. 18508.00 millions during year-ago period.Profit saw a slight increase of 10.11%to Rs. 3310.80  millions from Rs. 3006.80 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Interest Earned 21126.10 18508.00 14.15 60979.40 52509.30 16.13 72202.30 62216.60 16.05
Other Income 3260.80 2045.10 59.44 8995.10 5973.40 50.59 9925.80 9538.80 4.06
Interest Expended 12850.10 10160.40 26.47 36332.50 29258.80 24.18 40351.30 37306.30 8.16
Operating Expenses 6134.80 6134.80 20.91 17006.80 13999.20 21.48 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 1444.10 1648.70 -12.41 4158.50 5139.30 -19.08 7671.90 9394.40 -18.34
Tax 647.10 663.20 -2.43 2156.30 1820.50 18.45 2608.00 1859.40 40.26
PAT 3310.80 3006.80 10.11 10320.40 8264.90 24.87 11802.40 5086.20 132.05
Equity 3467.60 3119.50 11.16 3467.60 3119.50 11.16 3123.50 3111.70 0.38
OPM 25.57 28.74 -11.02 27.28 28.99 -5.91 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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