Karnataka Bank has announced its financial results for the quarter and year ended March 31, 2026. The bank recorded a strong net profit of ₹408.19 crore for the final quarter. For the full fiscal year, the bank achieved a net profit of ₹1,310.50 crore. Reflecting this positive performance, the Board of Directors has recommended a final dividend of ₹5 per equity share, marking a 50% payout of the face value.
Financial Highlights
For the quarter ended March 31, 2026, Karnataka Bank posted a total income of ₹2,656.18 crore, contributing to an annual total income of ₹10,320.72 crore. The bank’s operating profit before provisions and contingencies stood at ₹615.04 crore for the quarter, showcasing efficient management and operational growth.
Asset Quality and Dividend Declaration
The bank demonstrated disciplined asset management, with the Gross NPA ratio improving to 2.78% as of March 31, 2026. The Net NPA ratio also saw a positive trend, closing at 0.98%. In recognition of the year’s solid financial health, the Board of Directors has proposed a final dividend of ₹5 per equity share, which is subject to approval by the bank’s shareholders at the upcoming Annual General Meeting.
Capital Adequacy and Future Outlook
Karnataka Bank maintains a strong capital position, reporting a Capital Adequacy Ratio of 20.07% under Basel III standards as of March 31, 2026. This reflects the bank’s stability and preparedness for future growth. The bank continues to focus on strengthening its retail and corporate banking segments, with an emphasis on sustainable business practices and enhancing shareholder value.
Source: BSE
