Karnataka Bank reported a record annual net profit of Rs 1,310.50 crore for FY 2025-26, a 3% YoY increase.
Aggregate business reached an all-time high of Rs 1,92,118.67 crores with QoQ deposit growth of 4% and advances growth of 8%.
Asset quality improved significantly with GNPA declining to 2.78% and NNPA to 0.98%, while NIMs expanded to 3.07% in Q4.
The Board proposed a 50% dividend for approval in the forthcoming Annual General Meeting.