Karnataka Bank has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The bank reported a standalone net profit of ₹435.89 crore for the quarter and ₹854.84 crore for the half-year. Basic Earnings Per Share (EPS) stood at ₹11.52 for the quarter and ₹22.60 for the half-year, indicating continued financial performance and stability.
Karnataka Bank Financial Highlights for Q2 FY27
Karnataka Bank has disclosed its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The results, approved by the Board of Directors on October 28, 2026, reveal key performance indicators for the period.
Standalone Financial Performance
For the quarter ended September 30, 2026, the bank reported a standalone net profit after tax of ₹435.89 crore. This compares to ₹319.12 crore in the same quarter of the previous year. The Earnings Per Share (EPS) before extraordinary items was ₹11.52 (basic) and ₹11.50 (diluted) for the quarter.
For the half-year ended September 30, 2026, the standalone net profit after tax stood at ₹854.84 crore, a notable increase from ₹611.52 crore in the corresponding period of the previous year. The basic EPS for the half-year was ₹22.60, with diluted EPS at ₹22.57.
Consolidated Financial Performance
On a consolidated basis, Karnataka Bank reported a net profit after tax of ₹435.86 crore for the quarter ended September 30, 2026. For the half-year ended September 30, 2026, the consolidated net profit after tax was ₹854.99 crore.
Key Financial Ratios
The bank’s Capital Adequacy Ratio (CAR) under Basel III stood at 20.36% as of September 30, 2026. The Net Interest Margin (NIM) for the quarter was 3.17%, and for the half-year, it was 3.19%. The Gross Non-Performing Assets (GNPA) ratio was 2.27%, and the Net Non-Performing Assets (NNPA) ratio was 0.74%.
Other Disclosures
The bank also provided disclosures regarding security cover, segment-wise results, and adherence to various RBI and SEBI regulations. A statement on deviation or variation in the utilization of funds raised was also submitted, indicating no significant deviations for the quarter ended September 30, 2026.
Source: BSE
