Canara Bank Q1 Net Profit Up 74 8 To Rs 3 535 Crore

Top Stories

Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read. August 2, 2024 at 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read. August 2, 2024 at 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read. August 2, 2024 at 12:36 PM

Stock chart

Canara Bank Q1 net profit up 74.8% to Rs 3,535 crore

ri-calendar-2-lineJul 24, 2023

By: BlinkX Research Team

FbkFbkTwitterTelegram

On July 24, Canara Bank stated that its profit after tax for the first quarter of the current fiscal year increased by 74.8 percent year on year (YoY) to Rs 3,534.84 crore.

In the same time last year, the state-owned institution earned a net profit of Rs 2,022.03 crore.

The lender with its head office in Bengaluru also reported an improvement in asset quality, with the gross non-performing assets (NPA) ratio falling to 5.15 percent from 6.98 percent in the same quarter last year and 5.35 percent from the preceding quarter.

The net NPA ratio was 1.57 percent, which was lower than the 2.48 percent quarterly average and the 1.73 percent quarter-to-quarter average.

At 1.06 pm, Canara Bank was up 1.49 percent, traded at Rs 343.10, while the benchmark Sensex was down 0.06 percent, at Rs 66,642.09.

Source: Media Reports

Related News

News Thumbnail
Quarterly Result

BLS's Q2FY24 Financial Performance Review

2 mins read. November 6, 2023 at 08:56 AM

News Thumbnail
Quarterly Result

Interglobe Aviation's Q2FY24 Financial Performance Review

2 mins read. November 3, 2023 at 11:31 AM

News Thumbnail
Quarterly Result

Titan's Q2FY24 Financial Performance Review

2 mins read. November 3, 2023 at 10:59 AM

News Thumbnail
Quarterly Result

Zomato's Q2FY24 Financial Performance Review

3 mins read. November 3, 2023 at 09:50 AM

Related Blogs

Stock chartDemat Account

Biggest Winners and Losers in MSCI: Key Movers in Global Indices 2025

0 people read

3 mins read . Aug 20, 2025

Stock chartMutual Fund

What MF Big Boys Bought and Sold – Top Mutual Fund Stock Activity in 2025

0 people read

8 mins read . Aug 18, 2025

Download app

Access BlinkX
everywhere
across device

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions