Canara Bank Q1FY26: Net Profit rises 21.69% with strong output growth
The Bank’s Net Non-Performing Assets (NNPA) ratio improved to 0.63% as at June 2025 down from 0.70% as at March 2025, 1.24% as at June 2024.
Canara Bank Q1FY26: Net Profit rises 21.69% with strong output growth
Public Sector lender, Canara Bank has announced the quarterly financial results of April to June period of Financial Year 2025-26. The Bank’s Net Profit for stood at Rs 4,752 Cr grew by 21.69%.
Global Business of the Bank is increased by 10.98% YoY to Rs 25,63,984 crore as of June 2025, Global Deposits increased by 9.92% YoY to Rs 14,67,655 crore and Global Advance (gross) increased by 12.42% YoY to Rs 10,96,329 crore.
Meanwhile, in terms of Asset Quality, Gross Non-Performing Assets (GNPA) ratio improved at 2.69% as at June 2025 down from 2.94% as at March 2025, 4.14% as at June 2024.
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The Bank’s Net Non-Performing Assets (NNPA) ratio improved to 0.63% as at June 2025 down from 0.70% as at March 2025, 1.24% as at June 2024.
The Provision Coverage Ratio (PCR) of the Bank is standing to 93.17% as at June 2025 against 92.70% as at March 2025, 89.22% as at June 2024.
Shares of Canara Bank are boosted up by 4.82% at Rs 113.00 at BSE.
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