Net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors, fell 16.4%, coming at ₹755 crore against ₹903 crore in the corresponding quarter of FY25.
Gross non-performing assets (GNPA) stood at 3.46% in the June quarter against 3.08% in the March quarter. Net NPA came at 1.44% against 1.31% quarter-on-quarter.
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The bank reported that its aggregate business (gross) stood at ₹1,77,509.19 crore in Q1FY26, compared to ₹1,75,534.89 crore in Q1FY25, reflecting a YoY growth of 1.12%. Aggregate deposits rose 3.16% to ₹1,03,242.17 crore from ₹1,00,079.88 crore a year ago. Gross advances were at ₹74,267.02 crore, down from ₹75,455.01 crore in the same quarter last year.
The bank posted an operating profit of ₹467.29 crore. The capital adequacy ratio strengthened to 20.46% at the end of Q1FY26, compared to 17.64% in the same period last year.
The results came after the close of the market hours. Shares of Karnataka Bank Ltd ended marginally higher at ₹172.30 on the BSE today (August 12).
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(Edited by : Shoma Bhattacharjee)
