Karnataka Bank announced Q3FY25 results For Q3FY25, the Bank posted a net profit of Rs 283.60 crore as against Rs 331.08 crore during Q3FY24. Bank's Gross Advances stood at Rs 77,859.75 crore registering YoY growth of 11.64% (YID growth of 6.65%) and Aggregate Deposits stood at Rs 1,00,118.52 crore registering Yo Y growth of 8.59% (YTD growth of 2.10% ). The Asset quality has improved well during the period with GNPA declined by 42 bps to 3.11% from 3.53% as compared to March 2024.,Similarly, the NNPA also declined by 19 bps to 1.39% from 1.58% as compared. to March 2024, and on YoY basis NNPA declined by 16 bps from 1.55%. The PCR is maintained in the same range at 80.64 % ·in December 2024 (from 80.75% in December 2023). Shri Srikrishnan H, Managing Director & CEO, said: "Karnataka Bank is beginning to accrue the benefits from various transformative steps initiated with growth in the Retail & Mid-Corporate segments and an· improved quality of the book. With increased traction from our Branch, Sales & Digital channels, we are confident of sustained and definitive growth outcomes with going forward." Shri Sekhar Rao, Executive Director of the Bank, said: "Despite the challenging macroeconomic environment, Karnataka Bank has remained focused on maintaining the quality of our book while ensuring that we are on the right track for sustained growth. Our commitment to digital transformation and technology-driven solutions has strengthened operational efficiency, enabling us to better manage risk and enhance customer experience. We are confident that these strategic initiatives will help us drive sustainable growth moving forward" Result PDF