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Informist, Saturday, Nov. 8, 2025

 

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--Karnataka Bank Jul-Sept net profit INR 3.19 bln vs INR 3.36 bln year ago 
--Karnataka Bank Jul-Sept total income INR 25.23 bln vs INR 25.04 bln yr ago 
--Karnataka Bank Jul-Sept provisions INR 200.7 mln vs INR 313.3 mln year ago 
--Karnataka Bank gross NPA ratio 3.33% as on Sept 30 vs 3.46% qtr ago 
--Karnataka Bank net NPA ratio 1.35% as on Sept 30 vs 1.44% qtr ago 
--Karnataka Bank Basel III capital adequacy ratio 20.84% as on Sept 30

--Karnataka Bank provision coverage ratio 81.05% as on Sept 30 

--Karnataka Bank Apr-Sept net profit INR 6.12 bln vs INR 7.36 bln year ago 

--Karnataka Bank Apr-Sept total income INR 51.42 bln vs INR 50.61 bln yr ago 

 

By Shubham Rana

 

NEW DELHI – Karnataka Bank Ltd. Saturday reported a year-on-year fall in its net profit for the September quarter because of slow business growth, and a rise in interest expenses and other operating expenses. The bank's net profit fell 5.0% on year to INR 3.19 billion in the September quarter. Sequentially, however, the net profit was up 9.1% from INR 2.92 billion in the June quarter.

 

The bank reported a total income of INR 25.22 billion for Jul-Sept, up just 0.7% on year. The bank's total expenditure was up 1.9% on year at INR 20.83 billion. The bank's operating profit fell 4.4% on year to INR 4.40 billion while provisions fell to INR 200.7 million in the September quarter from INR 313.3 million. The provision coverage ratio was 81.05% as on Sept. 30.

 

Interest expenses rose 3.6% on year to INR 14.51 billion in the September quarter while other operating expenses were up 7.4% at INR 3.15 billion. The net interest income was INR 7.28 billion, down 13% on year.

 

The bank had deposits worth INR 1.028 trillion as of end-September, up 2.9% on year. The bank's gross advances stood at INR 736.44 billion as of Sept. 30, down 2.2% on year. The gross credit-deposit ratio of the bank was 71.63% as of Sept. 30. The bank's capital adequacy ratio was 20.84% as of end-September from 20.46% as of Jun. 30. The bank's liquidity coverage ratio was 188.16% as of Sept. 30.

 

Karnataka Bank's gross non-performing asset ratio was 3.33% as on Sept. 30, down 3.46% from a quarter ago but higher than 3.21% a year ago. Net NPA ratio fell to 1.35% as on Sept. 30 from 1.46% a year ago and 1.44% a quarter ago. The bank's Basel III capital adequacy ratio was 20.84% as on Sept. 30. 

 

For the six months ended September, Karnataka Bank's net profit was INR 6.12 billion, lower than INR 7.36 billion a year ago. The bank's total income rose slightly to INR 51.42 billion in Apr-Sept from INR 50.61 billion a year ago. On Friday, shares of the bank closed 1.8% higher at INR 180.95 on the National Stock Exchange.  End

 

Edited by Deepshikha Bhardwaj

 

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