Canara Bank has reported results for first quarter ended June 30, 2023 (Q1FY24).
The Bank has reported 74.82% rise in its net profit at Rs 3534.84 crore for the quarter under review as compared to Rs 2022.03 crore for the same quarter in the previous year. Total income of the bank increased by 27.71% at Rs 29823.08 crore for Q1FY24 as compared Rs 23351.96 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 73.61% rise in its net profit at Rs 3573.50 crore for the quarter ended June 30, 2023 as compared to Rs 2058.31 crore for the same quarter in the previous year. Total income of the bank increased by 35.89% at Rs 32259.41 crore for Q1FY24 as compared Rs 23739.27 crore for the corresponding quarter previous year.
