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Karnataka Bank standalone net profit rises 461.18% in the March 2019 quarter

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Total Operating Income rise 6.12% to Rs 1531.29 crore

Net profit of Karnataka Bank rose 461.18% to Rs 61.73 crore in the quarter ended March 2019 as against Rs 11.00 crore during the previous quarter ended March 2018. Total Operating Income rose 6.12% to Rs 1531.29 crore in the quarter ended March 2019 as against Rs 1443.04 crore during the previous quarter ended March 2018.

For the full year,net profit rose 46.57% to Rs 477.24 crore in the year ended March 2019 as against Rs 325.61 crore during the previous year ended March 2018. Total Operating Income rose 8.89% to Rs 5905.96 crore in the year ended March 2019 as against Rs 5423.75 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Total Operating Income1531.291443.04 6 5905.965423.75 9 OPM %56.5737.46 -61.0753.87 - PBDT106.50-66.42 LP 607.81310.16 96 PBT106.50-66.42 LP 607.81310.16 96 NP61.7311.00 461 477.24325.61 47

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First Published: May 14 2019 | 3:49 PM IST

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