Karnataka Bank standalone net profit declines 92.05% in the March 2018 quarter

Total Operating Income rise 11.47% to Rs 1443.04 crore

Net profit of Karnataka Bank declined 92.05% to Rs 11.00 crore in the quarter ended March 2018 as against Rs 138.37 crore during the previous quarter ended March 2017. Total Operating Income rose 11.47% to Rs 1443.04 crore in the quarter ended March 2018 as against Rs 1294.50 crore during the previous quarter ended March 2017.

For the full year,net profit declined 28.00% to Rs 325.61 crore in the year ended March 2018 as against Rs 452.26 crore during the previous year ended March 2017. Total Operating Income rose 4.60% to Rs 5423.75 crore in the year ended March 2018 as against Rs 5185.40 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Total Operating Income1443.041294.50 11 5423.755185.40 5 OPM %37.4661.76 -53.8764.67 - PBDT-66.42168.87 PL 310.16467.95 -34 PBT-66.42168.87 PL 310.16467.95 -34 NP11.00138.37 -92 325.61452.26 -28

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