The Hindu·3 min read·medium
Karnataka Bank posts ₹418.95 crore net profit in Q1
T
The Hindu Bureau
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Karnataka Bank reported a significant increase in net profit to ₹418.95 crore for the first quarter of fiscal year 2026-27. The bank also saw improvements in asset quality and capital adequacy ratios compared to the previous year.
Karnataka Bank Ltd. on Wednesday announced a net profit of ₹418.95 crore for the first quarter of financial year 2026–27, as against ₹292.4 crore in the corresponding quarter of the previous year. Consequently, the bank’s return on assets (ROA) improved from 0.97% in the quarter ended June 2025 to 1.29% in the quarter ended June 2026.
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