May 15, 2018 / 10:02 AM / 9 days ago

BRIEF-India's Karnataka Bank March-Qtr Profit Drops 92 Pct

May 15 (Reuters) - Karnataka Bank Ltd:

* MARCH QUARTER NET PROFIT 110 MILLION RUPEES VERSUS PROFIT OF 1.38 BILLION RUPEES YEAR AGO

* MARCH QUARTER INTEREST EARNED 14.43 BILLION RUPEES VERSUS 12.95 BILLION RUPEES YEAR AGO

* MARCH QUARTER PROVISIONS 5.42 BILLION RUPEES VERSUS 1.60 BILLION RUPEES YEAR AGO

* MARCH QUARTER GROSS NPA 4.92 PERCENT VERSUS 3.97 PERCENT PREVIOUS QUARTER

* MARCH QUARTER NET NPA 2.96 PERCENT VERSUS 2.85 PERCENT PREVIOUS QUARTER

* RECOMMENDED DIVIDEND OF 3 RUPEES PER SHARE

* SAYS DIVERGENCE IN PROVISIONING AS ON MARCH 31, 2017 AT 4.73 BILLION RUPEES

* KARNATAKA BANK LTD - ADJUSTED NET LOSS AFTER TAX FOR YEAR ENDED MARCH 2017 AFTER TAKING INTO ACCOUNT DIVERGENCE IN PROVISIONING AT 950 MILLION RUPEES Source text - bit.ly/2L1D1l1 Further company coverage:

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