Karnataka Bank Q2 Profit Jumps 37% to Rs 436 Cr

New Delhi: Karnataka Bank on Wednesday reported a 37 per cent growth in net profit at Rs 436 crore for the second quarter ended September 2026.

The old-generation private sector lender had earned a net profit of Rs 319 crore in the year-ago period.

Total income rose to Rs 2,794 crore in the quarter under review from Rs 2,523 crore in the same period a year ago, Karnataka Bank said in a regulatory filing.

Interest income increased to Rs 2,504 crore in Q2 FY27 from Rs 2,179 crore in the corresponding quarter of the preceding fiscal.

Asset quality of the bank improved with gross non-performing assets (NPAs) declining to 2.27 per cent of gross advances at the end of the September quarter 2026, as against 3.33 per cent a year ago.

Net NPAs or bad loans also moderated to 0.74 per cent, as against 1.35 per cent in the year-ago period.

However, the Capital Adequacy Ratio of the bank declined to 20.36 per cent, from 20.84 per cent at the end of September 2025.

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