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Karnataka Bank Ltd Q3FY24; 10% rise in Profits

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 Q3FY24 of ₹2,113.00 Crores up from ₹1,851.00 Crore year on year, a rise of 14.15%.

Total Expenses for Q3FY24 of ₹2,043.00 Crores up from ₹1,688.00 Crores year on year, a rise of 21.03%.

Consolidated Net Profit of ₹331.00 Crores up 9.97% from ₹301.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.55, down 0.93% from ₹9.64 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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