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Karnataka Bank Ltd Q4FY24; 23% fall 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 Q4FY24 of ₹2,201.00 Crores up from ₹1,969.00 Crore year on year, a rise of 11.78%.

Total Expenses for Q4FY24 of ₹2,305.00 Crores up from ₹1,932.00 Crores year on year, a rise of 19.31%.

Consolidated Net Profit of ₹274.00 Crores down 22.6% from ₹354.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.27, down 35.83% from ₹11.33 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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