Canara Bank Q2 Results: Net profit jumps, NII drops; Asset quality improves
Published on 30/10/2025 12:55 PM
Canara Bank Q2 Results: Net profit jumps, NII drops; Asset quality improvesCanara Bank's gross NPA improved to ₹27,040 crore from ₹29,518 crore last quarter, while net NPA improved to ₹6,113.2 crore from ₹6,765.2 crore in the previous quarter.By Meghna Sen October 30, 2025, 12:55:33 PM IST (Published)1 Min ReadShares of Canara Bank Ltd. surged to the highs of the day, gaining as much as 3% after the lender's asset quality in the September quarter improved on a sequential basis.
Canara Bank's gross NPA improved to ₹27,040 crore from ₹29,518 crore last quarter, while net NPA improved to ₹6,113.2 crore from ₹6,765.2 crore in the previous quarter.
The lender's Net Interest Income (NII) or core income fell 2% from last year to ₹9,141 crore, while net profit rose 19% on a year-on-year basis to ₹4,774 crore.
Canara Bank's provisions stood at ₹2,354 crore from ₹2,351 crore in the previous quarter.
Canara Bank's shares are trading 2.56% higher after the results announcement, to trade at ₹132.07. The stock has jumped 33% so far this year.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsCanara Bankshare market today