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Karnataka Bank - Quaterly Results

23 Oct 2024 Evaluate
A fair growth of 10.24% in the revenue at Rs. 22341.30 millions was reported in the September 2024 quarter as compared to Rs. 20265.90 millions during year-ago period.Net profit showed a marginal rise at Rs. 3360.70 millions for the quarter ended September 2024, as compared to corresponding quarter of last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Interest Earned 22341.30 20265.90 10.24 45121.20 39853.30 13.22 82985.00 72202.30 14.93
Other Income 2699.20 2495.90 8.15 5489.30 5734.30 -4.27 13189.20 9925.80 32.88
Interest Expended 14005.70 12041.80 16.31 27752.00 23482.40 18.18 49997.80 40351.30 23.91
Operating Expenses 6431.20 6431.20 16.96 12669.00 10872.00 16.53 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 313.30 1198.70 -73.86 715.90 2714.40 -73.63 6005.80 7671.90 -21.72
Tax 929.60 720.20 29.08 2109.60 1509.20 39.78 2564.50 2608.00 -1.67
PAT 3360.70 3302.60 1.76 7364.00 7009.60 5.06 13062.80 11802.40 10.68
Equity 3776.60 3128.70 20.71 3776.60 3128.70 20.71 3772.60 3123.50 20.78
OPM 20.61 25.76 -20.02 22.58 28.19 -19.88 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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