Axis Bank Q3 Net Profit Rises To Rs 6,071 Crore

Karnataka Bank on Tuesday announced posting ₹331.08 croe net profit for the third quarter of financial year 2023-24 as against ₹300.68 crore posted during Q3 of 2022-23, registering a year-on-year growth of 10.11%.

The bank said in a release that it has also posted an all-time high net profit of ₹1,032.04 crore for nine months ending December 31, 2023 as against ₹826.49 crore earned during the corresponding period in the previous year, registering YoY growth of 25%..

The board of directors approved the financial results for the quarter and nine months period ending December 31, 2023 at a meeting in Mangaluru on Tuesday.