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Karnataka Bank to announce Jan-Mar financial result on May 18

Contify Banking – Tue 1 May, 2012 8:10 PM IST

New Delhi: Indian private sector lender Karnataka Bank Ltd will announce its fiscal fourth quarter (Jan-Mar) financial results for fiscal 2011-12 on May 18, 2012.

The bank will also announce its audited financial results for the full fiscal year ended March 31, 2012 and recommend a dividend payout on the same day, Karnataka Bank said in a filing to the stock exchanges.

Karnataka Bank's fiscal third quarter (Oct-Dec) net profit soared 86.71% to Rs 720.5 million from Rs 385.9 million in the same quarter a year ago driven by high income from interest.

Shares of Karnataka Bank Monday ended at Rs 90.6 on the Bombay Stock Exchange (BSE), up 0.67% from the previous close.

Copyright Contify.com

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