Canara Bank Posts Flat Q4 Profit at Rs 613 Crore

Posted By: Super
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    New Delhi, May 25 (PTI) State-owned Canara Bank today reported a profit of Rs 612.96 crore for the last quarter of 2014-15 financial year against that of Rs 610.8 crore in the same period of previous year.

    Total income increased to Rs 12,429.21 crore in the quarter ended March, 2015, from Rs 11,609.72 crore in the same period of last fiscal, the bank said in a BSE filing.

    Canara Bank Posts Flat Q4 Profit at Rs 613 Crore
    Canara Bank: Quotes, News
    BSE 249.85BSE Quote9.3 (-3.72%)
    NSE 249.95NSE Quote9.45 (-3.78%)

    Gross NPAs as a percentage of total advances rose to 3.89 per cent during the quarter under review from 2.49 per cent in the same quarter a year ago.

    The net NPAs went up to 2.65 per cent in March 2015 from 1.98 per cent at the end of March 2014.

    For the full fiscal 2014-15, the bank's net profit rose by 10.8 per cent to Rs 2,702.63 crore as compared to Rs 2,438.19 crore in the previous fiscal.

    Total income increased to Rs 48,300.29 crore for the year ended March 31, 2015, from Rs 43,480.37 crore for the year ended March 31, 2014. 

    PTI

    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

    Get Latest News alerts from Goodreturns

    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