Karnataka Bank Limited Surges Over 9% After Strong Q4 Earnings

$KTKBANK share price surged as much as 9.35% intraday on 20 May 2026 after the bank reported strong Q4 standalone earnings. Net profit jumped 61.7% YoY to Rs 408.2 crore compared to Rs 252.4 crore in the year-ago period, while net interest income increased 8% to Rs 843 crore. Asset quality also improved significantly, with gross NPA declining to 2.78% from 3.32% QoQ and net NPA falling to 0.98% from 1.31%. Despite higher provisions and contingencies at Rs 90.3 crore, investors reacted positively to strong profitability growth and improving asset quality, driving sharp buying momentum in the stock. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.