The Karnataka Bank Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported net interest income was INR 8,224.1 million compared to INR 8,027.3 million a year ago. Net income was INR 3,302.4 million compared to INR 4,114.7 million a year ago. Basic earnings per share from continuing operations was INR 10.56 compared to INR 13.22 a year ago. Diluted earnings per share from continuing operations was INR 10.5 compared to INR 13.17 a year ago.
For the six months, net interest income was INR 16,370.9 million compared to INR 14,902.9 million a year ago. Net income was INR 7,009.7 million compared to INR 5,255.2 million a year ago. Basic earnings per share from continuing operations was INR 22.43 compared to INR 16.88 a year ago. Diluted earnings per share from continuing operations was INR 22.29 compared to INR 16.82 a year ago.