Karnataka Bank Ltd has recorded a net profit of ₹163.24 crore in the first quarter of 2018-19 against a profit of ₹133.85 crore in the corresponding period of 2017-18, recording a growth of 21.95 per cent.
Net interest income of the bank stood at ₹468.58 crore (₹424.42 crore in Q1 of FY18), and other income at ₹208.80 crore (₹217.39 crore).
Gross and net non-performing assets (NPAs) of the bank stood at 4.72 per cent (4.34 per cent), 2.92 per cent (3.20 per cent), respectively.
Karnataka Bank shares were trading higher by 3.16 per cent at Rs 122.30 on the BSE.