Karnataka Bank Ltd releases Consolidated Financial Results for December 31, 2022.
Financial Results (Q3 FY2023) – Quarter-over-Quarter Comparison:
Total income of Karnataka Bank Ltd is Rs. Crores (December 31, 2022) vs. Rs. Crores (September 30, 2022)
Net profit/loss: Rs. Crores (December 31, 2022) vs. Rs. Crores (September 30, 2022)
EPS: Rs. (December 31, 2022) vs. Rs. (September 30, 2022)
| Financials | Q3 FY2023 | Q2 FY2023 | % Change |
| Total Income | ₹2055.31 Cr | ₹2031.09 Cr | ⬆ 1.19% |
| Net Profit | ₹300.63 Cr | ₹411.47 Cr | ⬇ -26.94% |
| EPS | ₹9.60 | ₹13.17 | ⬇ -27.11% |
Financial Results (Q3 FY2023) – Year-over-Year Comparison:
Total income of Karnataka Bank Ltd is Rs. Crores (December 31, 2022) vs. Rs. Crores (December 31, 2022)
Net profit/loss: Rs. Crores (December 31, 2022) vs. Rs. Crores (December 31, 2022)
EPS: Rs. (December 31, 2022) vs. Rs. (December 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹2055.31 Cr | ₹1761.53 Cr | ⬆ 16.68% |
| Net Profit | ₹300.63 Cr | ₹146.42 Cr | ⬆ 105.32% |
| EPS | ₹9.60 | ₹4.69 | ⬆ 104.69% |
Financial Results (9 Months Ended FY2023) – Year-over-Year Comparison:
Total income of Karnataka Bank Ltd is Rs. Crores (December 31, 2022) vs. Rs. Crores (December 31, 2021)
Net profit/loss: Rs. Crores (December 31, 2022) vs. Rs. Crores (December 31, 2021)
EPS: Rs. (December 31, 2022) vs. Rs. (December 31, 2021)
| Financials | 9 Months Ended FY2023 | 9 Months Ended FY2022 | % Change |
| Total Income | ₹5848.27 Cr | ₹5339.78 Cr | ⬆ 9.52% |
| Net Profit | ₹826.15 Cr | ₹377.79 Cr | ⬆ 118.68% |
| EPS | ₹26.40 | ₹12.10 | ⬆ 118.18% |
Asset Quality:
| Asset Quality | Q3 FY2023 | Q2 FY2023 | Q3 FY2022 |
| Gross NPA | ₹2085.73 Cr | ₹2051.70 Cr | ₹2330.52 Cr |
| Gross NPA % | 3.28% | 3.36% | 4.11% |
| Net NPA | ₹1040.88 Cr | ₹1028.47 Cr | ₹1363.81 Cr |
| Net NPA % | 1.66% | 1.72% | 2.45% |
Gross NPA of Karnataka Bank was ₹2085.73 crore in Q3 FY2023 compared to ₹2330.52 crore in Q3 FY2022 and ₹2051.70 crore in Q2 FY2023.
Net NPA was ₹1040.88 crore in Q3 FY2023 compared to ₹1363.81 crore in Q3 FY2022 and ₹1028.47 crore in Q2 FY2023.
GNPA was 3.28% of gross advances on Dec 31, 2022 compared to 4.11% on Dec 31, 2021 and 3.36% on Sept 30, 2022.
Net NPA was 1.66% of gross advances on Dec 31, 2022 compared to 2.45% on Dec 31, 2021 and 1.72% on Sept 30, 2022.
| Ratios | Q3 FY2023 | Q2 FY2023 | Q3 FY2022 |
| RoA % | 1.21% | 1.70% | 0.65% |
| CAR (BASEL III) % | 15.13% | 15.28% | 14.15% |
RoA was 1.21% in Q3 FY2023, compared to 1.70% in Q2 FY2023 and 0.65% in Q3 FY2022.
Bank’s total CAR was 15.13% in Q3 FY2023, compared to 15.28% in Q2 FY2023 and 14.15% in Q3 FY2022.
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