Canara Bank Q1 Results
Canara Bank Q1 Results: PAT surges nearly 22% YoY, NII marginally down by 2%
Canara Bank Q1 results:Net Interest Income (NII) for Q1 FY26 came in at ₹9,009 crore, slightly lower than ₹9,166 crore reported in the same quarter last year. Operating profit for the quarter rose by 12.32% year-on-year to ₹8,554 crore.
Canara Bank Q1 profit rises 22% to Rs 4,752 crore on treasury gains
Canara Bank reported a 22% YoY rise in Q1 FY26 net profit to ₹4,752 crore, driven by a 33% jump in non-interest income despite a 2% fall in net interest income. Treasury gains and fee income supported performance amid NIM pressure.
Canara Bank Q1 Results: Profit rises 10% YoY to Rs 3,905 crore, NII up 6%
Canara Bank Q1 Results: Net interest income or NII during the reporting quarter increased 6% year-on-year to Rs 9,166 crore as against Rs 8,666 crore in the last year period. Provisions for Q1 fell 16% YoY to Rs 2,282 crore, of which provisions for the non-performing assets declined 10% YoY.
This Jhunjhunwala stock drops 4% despite a 72% YoY jump in Q1 profit
The bank earlier in the day reported a 71.79 per cent YoY rise in net profit at Rs 2,022 crore compared with Rs 1,177 crore in the same quarter last year.Rakesh Jhunjhunwala held a 1.96 per cent stake or 35,597,400 shares of the company as of June 30, the same as the March quarter.
Canara Bank Q1 Results: Net profit jumps 75% YoY to Rs 3,535 crore; NII up 28%
The net interest income for the June quarter rose 28% to Rs 8,666 crore, as against Rs 6,785 crore in the same period last year.
Canara Bank misses Street estimates, posts Rs 251 crore PAT; asset quality worsens
This was against Rs 214.18 crore profit the company reported in the corresponding quarter of last year.
Canara Bank Q1 results: Net profit rises nearly three-fold to Rs 1,177 cr
Total income in the April-June increased marginally to Rs 21,210.06 crore, from Rs 20,685.91 crore in the year-ago period, Canara Bank said in a regulatory filing.
Canara Bank Q1 profit rises 17% to Rs 329 crore
Total income rose to Rs 14,062.39 crore from Rs 13,192.46 crore in same period a year ago.
Canara Bank Q1 results: Profit rises 23% to Rs 406 cr
Canara Bank, which amalgamated Syndicate Bank into itself with effect from April 1, 2020, however, said the earning figures are not comparable as these are related to standalone financials for pre-amalgamation period.
Canara Bank Q1 Results: PAT up 10% at Rs 3,905 crore
Lower provisions helped state-owned Canara Bank to report a 10.5% rise in net profit for the June quarter at Rs 3905 crore against Rs 3535 crore seen in the year-ago quarter.
Canara Bank Q2 results: Net profit jumps three times to Rs 1,333 crore
Bank chief executive LV Prabhakar expects corporate loans to grow at 7.5% for the full year despite muted demand so far, raising hopes of pick up in industrial activities. He expects retail loans to continue to grow by over 10%.
Canara Bank Q1 Results: Net profit zooms 75% YoY to Rs 3,535 crore on fall in provisions
The net interest income, which is the difference between interest earned on loan advances and interest paid on public deposits, rose 28% at Rs 8,666 crore. Provisions and contingencies fell 26% at Rs 2719 crore
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Canara Bank Q4 results: Net profit at Rs 1,011 cr; loan book grows 3.68% YoY
The bank's net interest margin, a key profitability parameter, improved to 2.75 per cent for the quarter under review from 2.5 per cent in the year ago period.
2 of 3 Jhunjhunwala banking bets are out with Q4 nos. Worth a look?
Jhunjhunwala upped his stake in the bank in March quarter to 1.96 per cent from 1.6 per cent in December quarter.
Top 10 Jhunjhunwala stocks down up to 16% in a month. Should you consider?
Shares of Titan Company, Jhunjhunwala's biggest stock holding in value terms, have fallen 15 per cent in the last one month.
