Karnataka Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.
Financial Results:
- Karnataka Bank Ltd reported Revenues for Q2FY24 of ₹2,027.00 Crores up from ₹1,771.00 Crore year on year, a rise of 14.46%.
- Total Expenses for Q2FY24 of ₹1,874.00 Crores up from ₹1,439.00 Crores year on year, a rise of 30.23%.
- Consolidated Net Profit of ₹330.00 Crores down 19.71% from ₹411.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹10.56, down 20.12% from ₹13.22 in the same quarter of the previous year.
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