Karnataka Bank Ltd. has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Bank reported a standalone net profit of ₹1,310.50 crore for the full year, a steady increase from the previous year. The Board of Directors has recommended a final dividend of ₹5 per equity share (50% of face value) for shareholders, subject to approval at the upcoming Annual General Meeting.
Annual Financial Performance
For the financial year ended March 31, 2026, Karnataka Bank achieved a standalone net profit of ₹1,310.50 crore, compared to ₹1,272.37 crore in the previous year. The total income for the year reached ₹10,320.72 crore. For the final quarter of the year (Q4), the Bank reported a standalone net profit of ₹408.19 crore, showcasing continued positive performance.
Dividend Recommendation
Recognizing the Bank’s financial health, the Board of Directors has recommended a final dividend of ₹5 per equity share, which translates to 50% of the face value of ₹10 per share. This dividend is subject to the approval of shareholders at the Bank’s next Annual General Meeting.
Asset Quality and Capital Adequacy
The Bank continues to maintain a strong capital position with a Capital Adequacy Ratio (Basel III) of 20.07% as of March 31, 2026. Asset quality has also improved, with the Gross NPA ratio standing at 2.78% and the Net NPA ratio at 0.98%, reflecting the Bank’s robust risk management practices.
Segment Performance
The Bank’s operational segments showed diverse performance. The Retail Banking segment remained a major contributor, generating ₹4,547.80 crore in revenue for the full year. The Corporate Banking segment contributed ₹3,433.09 crore, while Treasury Operations added ₹1,918.25 crore to the total annual revenue.
Source: BSE
