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Stronger Balance Sheet, Softer Profits: Karnataka Bank Rewards Investors with ₹5 Payout

Updated: May 14, 2025 20:16

Image Source: CNBC TV18
Karnataka Bank has reported its financial results for the fourth quarter ended March 2025, highlighting a decline in profitability but continued improvement in asset quality and a steady dividend payout to shareholders.
 
Key Highlights:
 
Net Profit:
The bank posted a net profit of ₹2.52 billion for Q4 FY25, reflecting a year-on-year decline of over 22% compared to the same period last year. The drop was primarily attributed to a one-time staff cost increase related to enhanced actuarial provisions from wage settlements.
 
Interest Earned:
Total interest earned during the quarter stood at ₹22.58 billion, indicating stable core banking operations.
 
Provisions and Contingencies:
Provisions and contingencies for the quarter amounted to ₹310.8 million, down from the previous year, as asset quality improved and the need for provisioning reduced.
 
Asset Quality:
Gross Non-Performing Assets (NPA) improved to 3.08% of gross advances, down from 3.53% a year ago, underscoring better credit management and recovery efforts.
 
Dividend:
The Board of Directors has recommended a dividend of ₹5 per share for FY25, maintaining its commitment to shareholder returns despite the dip in quarterly profits.
 
Operational Metrics:
Net interest margin for the quarter was 3.3%, slightly lower than the previous year, reflecting the impact of higher staff costs and a competitive lending environment.
 
Capital Adequacy:
The bank’s capital adequacy ratio improved to 18%, providing a strong buffer for future growth and risk management.
 
Karnataka Bank’s Q4 performance showcases resilience in core operations and asset quality, while the dividend announcement affirms its focus on delivering value to shareholders.
 
Source: CNBC TV18 Hindi, The Hindu BusinessLine, Business Standard, NDTV Profit

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