Karnataka Bank Ltd (BOM:532652)
₹ 215.35 -4.05 (-1.85%) Market Cap: 81.33 Bil Enterprise Value: 27.28 Bil PE Ratio: 5.84 PB Ratio: 0.70 GF Score: 79/100

Q2 2024 Karnataka Bank Ltd Earnings Call Transcript

Nov 02, 2023 / 11:30AM GMT
Release Date Price: ₹217.5 (-7.23%)
Operator

Ladies and gentlemen, good day, and welcome to the Q2 FY 2024 Earnings Conference Call hosted by Karnataka Bank. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Srikrishnan H, MD, and CEO from Karnataka Bank. Thank you and over to you, sir.

Srikrishnan H Karnataka Bank Ltd;MD;CEO

&

Thank you, Rayo. And good evening everyone. Warm welcome to our Q2 H1 FY'24 earnings call. It's been an excellent quarter from our perspective. The following is a quick update. As all of you are aware, the first and foremost, we have been able to raise capital although it is not reflected in the September 30 quarterly results or half-yearly results ending September 30 because the allotment process which has now been completed and the money has been received. So, this is a preferential allotment to five individual investors.

So, that is good news overall. Although those numbers are not impacted into our metrics, you know, when the result is announced today as well as into our

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