*Karnataka Bank*, announced an increase in standalone net profit for the
quarter ended December 2008. During the quarter, the profit of the bank rose
29.31% to Rs 892.60 million from Rs 690.30 million in the same quarter
previous year.

Interest earned for the quarter rose 25.30% to Rs 5,080.40 million, while
total income for the quarter rose 26.66% to Rs 6,071.70 million, when
compared with the prior year period.

During the quarter, the bank reported earnings of Rs 7.35 a share, a rise of
29.17% over the prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at * *  Dec - 08* *
Dec - 07* *%Change* *Interest Income* 5,080.40 4,054.60 25.30 *Net Profit*
892.60 690.30 29.31 *Basic EPS* 7.35 5.69             29.17

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