Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27, H1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited, Reviewed Standalone and Consolidated Financial Results
Date of Board Meeting / Approval: October 28, 2026 (Meeting commenced at 10:40 AM, results approved at 02:15 PM)
Audit Opinion: Unmodified opinion (clean opinion) by Joint Statutory Auditors R.G.N. Price & Co. and Batliboi & Purohit
Auditor’s Comment: No qualifications or modifications. The review report states that nothing has come to their attention that causes them to believe the financial results contain any material misstatement.
Key Financial Highlights [₹ in Crore]
Standalone Results:
Revenue from Operations:
- Q2 FY27: ₹2,503.87 crore (14.9% YoY growth from ₹2,179.18 crore in Q2 FY26)
- H1 FY27: ₹4,886.52 crore (10.0% YoY growth from ₹4,440.46 crore in H1 FY26)
Total Income:
- Q2 FY27: ₹2,793.96 crore (10.8% YoY growth from ₹2,522.55 crore in Q2 FY26)
- H1 FY27: ₹5,532.03 crore (7.6% YoY growth from ₹5,142.19 crore in H1 FY26)
Net Profit:
- Q2 FY27: ₹435.89 crore (36.6% YoY growth from ₹319.12 crore in Q2 FY26)
- H1 FY27: ₹854.84 crore (39.8% YoY growth from ₹611.52 crore in H1 FY26)
EPS:
- Basic EPS Q2 FY27: ₹11.52* (not annualized)
- Diluted EPS Q2 FY27: ₹11.50* (not annualized)
- Basic EPS H1 FY27: ₹22.60* (not annualized)
- Diluted EPS H1 FY27: ₹22.57* (not annualized)
Other Equity: Not separately specified in the data
Cash and Cash Equivalents:
- As of September 30, 2026: ₹5,738.43 crore
- As of September 30, 2025: ₹7,468.05 crore
- As of March 31, 2026: ₹7,735.63 crore
Debt:
- Borrowings as of September 30, 2026: ₹5,463.77 crore
- Borrowings as of September 30, 2025: ₹1,308.55 crore
- Borrowings as of March 31, 2026: ₹5,329.00 crore
Consolidated Results:
Revenue from Operations:
- Q2 FY27: ₹2,503.87 crore
- H1 FY27: ₹4,886.52 crore
Total Income:
- Q2 FY27: ₹2,793.96 crore
- H1 FY27: ₹5,532.09 crore
Net Profit:
- Q2 FY27: ₹435.86 crore
- H1 FY27: ₹854.99 crore
EPS:
- Basic EPS Q2 FY27: ₹11.52* (not annualized)
- Diluted EPS Q2 FY27: ₹11.50* (not annualized)
- Basic EPS H1 FY27: ₹22.60* (not annualized)
- Diluted EPS H1 FY27: ₹22.57* (not annualized)
Segment-wise Performance [₹ in Crore]:
Segment Revenue Q2 FY27:
- Treasury Operations: ₹458.13 crore
- Corporate Banking: ₹912.28 crore
- Retail Banking: ₹1,364.77 crore (including Digital Banking: ₹0.16 crore)
- Other Banking Operations: ₹58.32 crore
- Unallocated: ₹0.46 crore
Segment Results (Profit before tax) Q2 FY27:
- Treasury Operations: ₹77.62 crore
- Corporate Banking: ₹184.58 crore
- Retail Banking: ₹357.77 crore (Digital Banking: -₹0.10 crore)
- Other Banking Operations: ₹9.76 crore
- Unallocated (including Provisions & Contingencies): -₹42.25 crore
Segment Assets as of September 30, 2026:
- Treasury Operations: ₹33,744.08 crore
- Corporate Banking: ₹45,332.48 crore
- Retail Banking: ₹54,491.68 crore
- Other Banking Operations: ₹47.59 crore
- Unallocated: ₹2,969.70 crore
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital structure changes announced during the quarter.
The Bank allotted equity shares pursuant to exercise of Employee Stock Options Scheme during the quarter.
Other Significant Information:
Net Interest Margin (NIM):
- 3.17% for Q2 FY27
- 3.19% for H1 FY27
Return on Assets (Annualized):
- 1.26% for Q2 FY27
- 1.27% for H1 FY27
Net Worth:
- ₹13,357.68 crore as of September 30, 2026 (Standalone)
- ₹13,357.60 crore as of September 30, 2026 (Consolidated)
Entities in Consolidation:
- The Karnataka Bank Limited (Holding Company)
- KBL Services Limited (Subsidiary)
Subsidiary Performance (KBL Services Limited):
- Total assets: ₹3.33 crore (before consolidation adjustments)
- Total revenues: ₹6.29 crore (before consolidation adjustments)
- Net profit after tax: ₹0.15 crore (before consolidation adjustments)
- Net cash flows: -₹1.29 crore (before consolidation adjustments)