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Canara Bank reports Profit after tax of Rs 20220.30 Mln, in the June 2022 quarter

25 Jul 2022 Evaluate
The Revenue for the quarter ended  June 2022 of Rs. 181766.40 millions grew by 8.30 % from Rs. 167843.70 millions.Net profit for the quarter ended June 2022 increased significantly by 71.73% to Rs. 20220.30 millions from Rs. 11774.70 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Interest Earned 181766.40 167843.70 8.30 181766.40 167843.70 8.30 694102.50 692804.60 0.19
Other Income 51753.20 41559.10 24.53 51753.20 41559.10 24.53 164969.00 149243.20 10.54
Interest Expended 113919.10 106250.40 7.22 113919.10 106250.40 7.22 430262.60 451776.20 -4.76
Operating Expenses 53538.20 53538.20 10.75 53538.20 48343.60 10.75 197919.10 193381.90 2.35
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 36900.50 34587.40 6.69 36900.50 34587.40 6.69 127724.90 159817.50 -20.08
Tax 8941.50 8446.70 5.86 8941.50 8446.70 5.86 32831.70 11496.40 185.58
PAT 20220.30 11774.70 71.73 20220.30 11774.70 71.73 56784.20 25575.80 122.02
Equity 18141.30 16467.40 10.16 18141.30 16467.40 10.16 18141.30 16467.40 10.16
OPM 36.34 32.65 11.30 36.34 32.65 11.30 33.26 28.42 17.05
Peers
Company Name CMP
State Bank Of India 997.00
PNB 116.65
Bank Of Baroda 237.80
Canara Bank 123.90
Union Bank Of India 178.00
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