Canara Bank reports marginal rise in Q1 net profit

Canara Bank | Bank - Public | BFSI | BSE: 532483 | NSE: CANBK

21 Jul 2014 Evaluate

Canara Bank has reported results for first quarter ended June 30, 2014.

The bank’s net profit for the quarter rose by 1.86% at Rs 806.86 crore as compared to Rs 792.07 crore for the quarter ended June 30, 2013. Its total income has increased by 11.61% to Rs 11728.01 crore for the quarter under review from Rs 10507.88 crore for the corresponding quarter of the previous year.

The bank’s gross NPA for the April-June quarter of the current fiscal stood at 2.67%, as compared to 2.91% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 2.03% in Q1FY15

Peers

Company Name	CMP
State Bank Of India	979.90
PNB	116.05
Bank Of Baroda	234.35
Canara Bank	122.85
Union Bank Of India	176.45
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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