Corporate Actions
Canara Bank gains after Q4 PAT jumps 33% YoY to Rs 5,003 cr

08-May-25   15:23 Hrs IST
Profit before tax (PBT) jumped 31.52% year on year to Rs 6,451.96 crore during the quarter ended 31st March 2025.

Net interest income (NII) fell 1.44% to Rs 9,442 crore as on 31st March 2025 as compared with Rs 9,580 crore as on 31st March 2024. Operating profit stood at Rs 8,284 crore in Q4 FY25, up 12.14% YoY.

Total domestic deposits rose 9.56% to Rs 13,31,137 crore as on 31st March 2025 as compared with Rs 12,14,951 crore as of 31st March 2024. Global gross advance jumped 11.74% to Rs 10,73,332 crore as on 31st March 2025 as compared with Rs 9,60,602 as on 31st March 2024.

Retail, Agriculture, MSME (RAM) credit increased by 13.23% year on year to Rs 6,10,127 crore as on 31st March 2025.

Gross non-performing assets (GNPA) ratio improved at 2.94% as at 31st March 2025 reduced from 3.34% as at 31st December 2024, 4.23% as at 31st March 2024. Net non-performing assets (NNPA) ratio improved to 0.70% as at 31st March 2025 reduced from 0.89% as at 31st December 2024, 1.27% as at 31st March 2024.

Provision coverage ratio (PCR) stood to 92.70% as at 31st March 2025 against 91.26% as at 31st December 2024, 89.10% as at 31st March 2024.

CRAR stood at 16.33% as at 31st March 2025. Out of which CET1 is 12.03%, Tier-I is 14.37% and Tier-II is 1.96%.

Meanwhile, the company's board recommended a dividend of Rs 4 per equity share having face value of Rs 2 each for FY25, subject to approval of shareholders at the ensuing annual general meeting (AGM).

Canara Bank is an India public sector bank. As on 31st March 2025, the Bank has 9,849 Number of Branches, out of which 3,139 are Rural, 2,900 Semi Urban, 1,944 Urban & 1,866 Metro along with 9,579 ATMs. Bank is also having 4 overseas branches in London, New York, Dubai & IBU Gift City.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.