STOCKWATCH
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Private Sector Bank
Quarterly Result15 May 2025, 01:16 am

Karnataka Bank's Aggregate Business Hits All-Time High of Rs. 1,82,766.21 Crores in FY25, Annual Net Profit at Rs. 1,272.37 Crores

AI Summary

Karnataka Bank Ltd. has reported significant progress in its Full Year FY’25 financials with an all-time high Aggregate Business at Rs. 1,82,766.21 Crores. The Bank has made notable improvements in its three primary objectives of expanding the distribution network, improving the quality of asset book and working towards improving financial metrics. The Bank posted a Net Profit for the full year 2024-25 of Rs. 1,272.37 crores, a marginal decline (Y-0-Y) of 2.60%. However, the corresponding previous year figures are not directly comparable due to changes in accounting policy for investments. Excluding the impact of the above and the additional actuarial estimates for retirement benefits, the adjusted Profit After Tax of the Bank would have been Rs. 1,467 crores for the Full Year of FY25 (Y-0-Y growth of 12.3%).

Key Highlights

  • Aggregate Business at an all-time high of Rs. 1,82,766.21 Crores
  • Annual Net Profit of Rs. 1,272.37 Crores for FY25
  • Marginal decline in Net Profit by 2.60% (Y-0-Y)
  • Adjusted Profit After Tax of Rs. 1,467 Crores for FY25 (Y-0-Y growth of 12.3%)
  • Improved Asset Quality with GNPA% declining by 45 bps and NNPA% declining by 27 bps
KTKBANK
Private Sector Bank
KARNATAKA BANK LTD.

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