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Canara Bank reports 11% rise in Q1 consolidated net profit

25 Jul 2024 Evaluate

Canara Bank has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The bank has reported 10.48% rise in its net profit at Rs 3,905.28 crore for the quarter ended June 30, 2024 as compared to Rs 3,534.84 crore for the same quarter in the previous year. Total income of the bank increased by 14.07% at Rs 34,020.23 crore for Q1FY25 as compared to Rs 29,823.08 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported 11.30% rise in net profit at Rs 3,977.22 crore for Q1FY25 as compared to Rs 3,573.50 crore for the same quarter in the previous year. Total income of the bank increased by 14.59% at Rs 36,965.75 crore for Q1FY25 as compared to Rs 32,259.41 crore for the corresponding quarter previous year.


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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