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Canara Bank - Quaterly Results

08 May 2024 Evaluate
The company witnessed a 20.48% growth in the revenue at Rs. 288073.50 millions for the quarter ended March 2024 as compared to Rs. 239098.00 millions during the year-ago period.A humble growth in net profit of 18.35% reported in the quarter ended March 2024 to Rs. 37572.30  millions from Rs. 31747.40 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Interest Earned 288073.50 239098.00 20.48 1086879.30 844247.80 28.74 1086879.30 844247.80 28.74
Other Income 52178.30 47751.70 9.27 189664.40 187622.00 1.09 189664.40 187622.00 1.09
Interest Expended 192271.50 152930.10 25.73 721219.90 529894.90 36.11 721219.90 529894.90 36.11
Operating Expenses 74105.70 74105.70 20.70 261197.90 224814.80 16.18 261197.90 224814.80 16.18
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 24818.20 30949.50 -19.81 97076.10 135430.10 -28.32 97076.10 135430.10 -28.32
Tax 11484.10 9825.50 16.88 51506.50 35692.40 44.31 51506.50 35692.40 44.31
PAT 37572.30 31747.40 18.35 145543.30 106037.60 37.26 145543.30 106037.60 37.26
Equity 18141.30 18141.30 0.00 18141.30 18141.30 0.00 18141.30 18141.30 0.00
OPM 25.64 30.33 -15.45 27.06 32.83 -17.57 27.06 32.83 -17.57
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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