Canara Bank's Consolidated Net Profit Declines in Fiscal Q1; Shares Up 4%

MT Newswires Live

Jul 24, 2025

Canara Bank (NSE:CANBK, BOM:532483) witnessed a decline in its consolidated net profit to 31.9 billion Indian rupees in the fiscal first quarter ended June 30, against 40.7 billion rupees a year ago.

Earnings per share contracted to 3.52 rupees compared with the year-ago figure of 4.48 rupees, according to a Thursday filing to the Indian stock exchanges.

Interest earned by the lenders in fiscal Q1, however, increased to 315.2 billion rupees from 291.7 billion rupees a year earlier.

The company's shares were up over 4% in recent trade.

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