Karnataka Bank standalone net profit declines 20.55% in the March 2016 quarter

Total Operating Income rise 6.80% to Rs 1277.67 crore

Net profit of Karnataka Bank declined 20.55% to Rs 106.79 crore in the quarter ended March 2016 as against Rs 134.42 crore during the previous quarter ended March 2015. Total Operating Income rose 6.80% to Rs 1277.67 crore in the quarter ended March 2016 as against Rs 1196.35 crore during the previous quarter ended March 2015.

For the full year,net profit declined 8.01% to Rs 415.29 crore in the year ended March 2016 as against Rs 451.45 crore during the previous year ended March 2015. Total Operating Income rose 6.25% to Rs 4992.21 crore in the year ended March 2016 as against Rs 4698.42 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income1277.671196.35 7 4992.214698.42 6 OPM %69.6482.52 -73.6075.17 - PBDT141.87193.84 -27 528.00509.29 4 PBT141.87193.84 -27 528.00509.29 4 NP106.79134.42 -21 415.29451.45 -8

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