Karnataka Bank standalone net profit rises 29.57% in the March 2017 quarter

Total Operating Income rise 1.32% to Rs 1294.50 crore

Net profit of Karnataka Bank rose 29.57% to Rs 138.37 crore in the quarter ended March 2017 as against Rs 106.79 crore during the previous quarter ended March 2016. Total Operating Income rose 1.32% to Rs 1294.50 crore in the quarter ended March 2017 as against Rs 1277.67 crore during the previous quarter ended March 2016.

For the full year,net profit rose 8.90% to Rs 452.26 crore in the year ended March 2017 as against Rs 415.29 crore during the previous year ended March 2016. Total Operating Income rose 3.87% to Rs 5185.40 crore in the year ended March 2017 as against Rs 4992.21 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income1294.501277.67 1 5185.404992.21 4 OPM %61.7669.64 -64.6773.60 - PBDT168.87141.87 19 467.95528.00 -11 PBT168.87141.87 19 467.95528.00 -11 NP138.37106.79 30 452.26415.29 9

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