Karnataka Bank consolidated net profit rises 14.83% in the March 2021 quarter

Total Operating Income decline 13.53% to Rs 1417.49 crore

Net profit of Karnataka Bank rose 14.83% to Rs 31.36 crore in the quarter ended March 2021 as against Rs 27.31 crore during the previous quarter ended March 2020. Total Operating Income declined 13.53% to Rs 1417.49 crore in the quarter ended March 2021 as against Rs 1639.21 crore during the previous quarter ended March 2020.

For the full year,net profit rose 11.74% to Rs 482.46 crore in the year ended March 2021 as against Rs 431.78 crore during the previous year ended March 2020. Total Operating Income declined 3.74% to Rs 6232.41 crore in the year ended March 2021 as against Rs 6474.77 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Total Operating Income1417.491639.21 -14 6232.416474.77 -4 OPM %44.2345.04 -50.8057.22 - PBDT41.8635.04 19 611.82522.03 17 PBT41.8635.04 19 611.82522.03 17 NP31.3627.31 15 482.46431.78 12

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