New Delhi: Private sector Karnataka Bank Ltd has reported a rise of about 30% in net profit at Rs138.37 crore for the last quarter ended March. It had posted a net profit of Rs106.79 crore during corresponding period of fiscal 2016. Total income during March quarter rose to Rs1,606.19 crore from Rs1,447.68 crore in the year-ago period, the bank said in a regulatory filing. For full fiscal ended March 2017, bank’s net profit increased to Rs452.56 crore, up 9%, from Rs415.29 crore in 2015-16. Income in the entire fiscal rose to Rs5,994.74 crore, from Rs5,535.07 crore.

Source: Mint May 13, 2017 11:15 UTC