Canara Bank has reported results for fourth quarter and year ended March 31, 2014.
The bank has posted a fall of 15.79% in its net profit at Rs 610.83 crore for the quarter ended March 31, 2014 as compared to Rs 725.38 crore for the same quarter in the previous year. However, total income of the bank has increased by 22.57% at Rs 11609.72 crore for quarter under review as compared to Rs 9471.57 crore for the quarter ended March 31, 2013.
For the full year ended March 31, 2014, the bank has reported a fall of 15.11% in its net profit at Rs 2438.19 crore as compared to Rs 2872.10 crore for FY13. However, total income increased by 16.78% at Rs 43480.37 crore for year under review as compared to Rs 37230.94 crore for the year ended March 31, 2013.
