Canara Bank posts Rs 613-cr net profit

PTI Updated - December 07, 2021 at 02:18 AM.

State-owned Canara Bank today reported a net profit of Rs 612.96 crore during the last quarter of 2014-15 financial year against Rs 610.8 crore in the same period previous year.

Total income increased to Rs 12,429.21 crore in the quarter ended March 31, 2015, from Rs 11,609.72 crore in the same period last fiscal, the bank said in a BSE filing.

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.

Net NPAs went up to 2.65 per cent from 1.98 per cent.

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

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

Published on May 25, 2015 11:20