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Karnataka Bank - Quaterly Results

24 May 2024 Evaluate
The revenue zoomed 11.74% to Rs. 22005.60 millions for the quarter ended March 2024 as compared to Rs. 19693.00 millions during the corresponding quarter last year.The Net proft of the company remain more or less same to Rs. 2742.40  millions from Rs. 3537.50 millions ,decline by -22.48%.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Interest Earned 22005.60 19693.00 11.74 82985.00 72202.30 14.93 82985.00 72202.30 14.93
Other Income 4194.10 3952.40 6.12 13189.20 9925.80 32.88 13189.20 9925.80 32.88
Interest Expended 13665.30 11092.50 23.19 49997.80 40351.30 23.91 49997.80 40351.30 23.91
Operating Expenses 7536.50 7536.50 32.33 24543.30 19694.50 24.62 24543.30 19694.50 24.62
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1847.30 2532.60 -27.06 6005.80 7671.90 -21.72 6005.80 7671.90 -21.72
Tax 408.20 787.50 -48.17 2564.50 2608.00 -1.67 2564.50 2608.00 -1.67
PAT 2742.40 3537.50 -22.48 13062.80 11802.40 10.68 13062.80 11802.40 10.68
Equity 3772.60 3123.50 20.78 3772.60 3123.50 20.78 3772.60 3123.50 20.78
OPM 22.71 34.82 -34.78 26.07 30.58 -14.76 26.07 30.58 -14.76
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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