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Canara Bank - Quaterly Results

24 Jan 2024 Evaluate
The sales moved up 26.12% to Rs. 280388.30 millions for the December 2023 quarter as compared to Rs. 222314.20 millions during the year-ago period.A comparatively good net profit growth of 26.88% to Rs. 36561.20 millions was reported for the quarter ended December 2023 compared to Rs. 28815.20 millions of previous same quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Interest Earned 280388.30 222314.20 26.12 798805.80 605149.80 32.00 844247.80 694102.50 21.63
Other Income 42951.00 39864.40 7.74 137486.10 139870.30 -1.70 187622.00 164969.00 13.73
Interest Expended 186217.30 136314.70 36.61 528948.40 376964.80 40.32 529894.90 430262.60 23.16
Operating Expenses 69066.70 69066.70 22.58 187092.20 163417.60 14.49 224814.80 197919.10 13.59
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 18989.10 31212.00 -39.16 72257.90 104480.60 -30.84 135430.10 127724.90 6.03
Tax 12505.00 9493.40 31.72 40022.40 25866.90 54.72 35692.40 32831.70 8.71
PAT 36561.20 28815.20 26.88 107971.00 74290.20 45.34 106037.60 56784.20 86.74
Equity 18141.30 18141.30 0.00 18141.30 18141.30 0.00 18141.30 18141.30 0.00
OPM 24.27 31.27 -22.38 27.57 33.82 -18.46 32.83 33.26 -1.31
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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