Karnataka Bank Ltd posted aggregrate business at all-time high of Rs.1,82,766.21 Crore other details as below a) FY25 Annual Net Profit at Rs. 1,272.37 Crores b) For Q4 FY 2024-25, the Bank posted a net profit of Rs. 252.37 crores as against Rs. 274.24 crore during the corresponding period previous year. The Bank posted a Net Profit for the full year 2024-25 of Rs. 1,272.37 crores, as against Rs. 1,306.28 crores earned during the corresponding period previous year, a marginal decline (Y-o-Y) of 2.60%. Note : Tthe corresponding previous year figures are not directly comparable due to changes in accounting policy for investments (as per master direction issued by RBI) since April 2024 , had the Bank continued to follow the earlier accounting policy, Profit Before Tax would have been higher by Rs. 147.51 crores c) Bank's Aggregate Deposits stood at Rs. 1,04,807.49 crores registering YoY growth of 6.96%, while Gross Advances stood at Rs. 77,958.72 crores registering YoY growth of 6.79%

#WatchOutFor#StockInNews

204 likes·56 comments