Canara Bank has reported results for first quarter ended June 30, 2013.
On standalone basis, the bank has posted a rise of 2.17% in its net profit at Rs 792.07 crore for the quarter ended June 30, 2013 as compared to Rs 775.24 crore for the same quarter in the previous year. Total income has increased by 14.65% at Rs 10507.88 crore for quarter under review as compared to Rs 9165.47 crore for the quarter ended June 30, 2012.
Gross non-performing assets (NPAs) increased to 2.91% in the April-June quarter as against 1.98% in the same quarter previous year while net NPAs increased to 2.48%.
.
