Private sector Karnataka Bank reported a 62% jump in fourth quarter net profit from Rs. 252 crore as against Rs. 408 crores.
Its pre-provision operating profit was Rs. 375 crore against Rs. 64% increase to Rs. 615 crores. Provisions earlier Rs. 31 crore against Rs. 90 crores.
The bank’s annual net profit in FY26 was Rs. 1311 crore which in the previous financial year was Rs. 1272 crores.
Gross non-performing assets fell to 2.78% at the end of March 31 from 3.08% a year ago. Net NPA stood at 0.98% against 1.31%.
The bank board for the financial year ended March 31, 2026 has fixed an equity share of Rs. 5 recommended a final dividend of Rs. 10 is 50% of face value.
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