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✦Reported by Business Line

Karnataka Bank Q2 net profit up 36.6% to ₹319.12 crore

Karnataka Bank Q2 net profit up 36.6% to ₹319.12 crore
Source: Business Line

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Karnataka Bank Ltd registered a net profit of ₹435.89 crore in the second quarter of 2026-27.
  • ✓This showed a growth of 36.59 per cent compared to the previous fiscal.
  • ✓Managing Director Raghavendra S Bhat said, "This upward trajectory has been fueled entirely by the enduring trust of our customers."

Story at a Glance

Category
MARKET
Reported By
Business Line
Reading Speed
3 Minute(s)
Market Focus
India Economy

Karnataka Bank Ltd (KBL) registered a net profit of ₹435.89 crore in the second quarter of 2026-27 against a net profit of ₹319.12 crore in the corresponding period of the previous fiscal, recording a growth of 36.59 per cent.

For the half year ended September 2026, the net profit stood at ₹854.84 crore as against ₹611.52 crore for half year ended September 2025, a growth of 39.79 per cent.

The total income of the bank increased to ₹2793.96 crore in Q2FY27 from ₹2522.55 crore in Q2FY26. The interest income of the bank increased to ₹982.44 crore in Q2FY27 (₹728.12 crore in Q2FY26).

The meeting of the Board of Directors of the bank in Mangaluru on Wednesday approved the financial results for the quarter ended September 30, 2026.

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Karnataka Bank Q2 net profit up 36.6% to ₹319.12 crore | ArthNow