Canara bank Q2 net profit slips 22% to Rs 661 crore

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
    Canara bank Q2 net profit slips 22% to Rs 661 crore
    Canara Bank: Quotes, News
    BSE 215.25BSE Quote8.8 (-4.09%)
    NSE 215.25NSE Quote8.45 (-3.93%)
    Canara bank net profit fell 22% to Rs 661 crore for the quarter ended September 2012 when compared to Rs 852 crore in the corresponding quarter of last year.
     

    The company's total income was up 9% to Rs 9,204 crore as against Rs 8,437 crore in the same period last year.

    In the second quarter, the bank made a provision and contingencies of Rs 421 crore towards bad loans, which was lesser when compared to Rs 548 crore a year back.

    Capital adequacy ratio of the bank stood at 13.07% in this quarter as against 13.22% in the last quarter.

    Shares of the company was seen trading at Rs 416, lower by 0.43% on BSE at 2.50 pm IST.

    GoodReturns.in

    Read more about: canara bank
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more