Karnataka Bank (NSE:KTKBANK) Third Quarter 2024 ResultsKey Financial Results Revenue: ₹10.1b (up 15% from 3Q 2023). Net income: ₹3.31b (up 10% from 3Q 2023). Profit margin: 33% (down from 34% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: ₹9.79 (up from ₹9.65 in 3Q 2023). NSEI:KTKBANK Earnings and Revenue Growth January 30th 2024 All figures shown in the chart above are for the trailing 12 month (TTM) period Karnataka Bank Earnings Insights Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Banks industry in India. Performance of the Indian Banks industry. The company’s…
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Karnataka Bank Third Quarter 2024 Earnings: EPS: ₹9.79 (vs ₹9.65 in 3Q 2023)
