Karnataka Bank Hits Record ₹2,07,132 Cr Business, ₹435.89 Cr Profit

Karnataka Bank announced record financial results for the quarter ended September 30, 2026. Aggregate business reached an all-time high of ₹2,07,132.41 crore, with net profit soaring to ₹435.89 crore, a 37% year-on-year increase from ₹319.12 crore in the same period last year. Deposits grew 12% YoY to ₹1,15,117.15 crore, and gross advances surged 25% YoY to ₹92,015.26 crore. Net Interest Margins (NIMs) improved by 45 basis points to 3.17%. Asset quality also saw significant improvement, with Gross Non-Performing Assets (GNPA) declining to 2.27% and Net Non-Performing Assets (NNPA) to 0.74%. For the half-year ended September 2026, net profit stood at ₹854.84 crore.