The Karnataka Bank Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported net interest income was INR 8,276.1 million compared to INR 8,347.5 million a year ago. Net income was INR 3,312.1 million compared to INR 3,006.3 million a year ago. Basic earnings per share from continuing operations was INR 9.79 compared to INR 9.65 a year ago. Diluted earnings per share from continuing operations was INR 9.75 compared to INR 9.6 a year ago.
For the nine months, net interest income was INR 24,647 million compared to INR 23,250.4 million a year ago. Net income was INR 10,321.8 million compared to INR 8,261.5 million a year ago. Basic earnings per share from continuing operations was INR 32.15 compared to INR 26.53 a year ago. Diluted earnings per share from continuing operations was INR 31.98 compared to INR 26.4 a year ago.