Canara Bank Q3FY25; 11% rise in Profits

Canara Bank was merged with erstwhile Syndicate Bank in FY21.{# Canara was incorporated in 1906 and nationalised in 1969, along with 13 other major commercial banks of India, by the GoI. The bank is headquartered in Bangalore.Canara Bank was merged with erstwhile Syndicate Bank (e-SB) on April 1, 2020 #page=4 #}

Financial Results:

Canara Bank reported Revenues for Q3FY25 of ₹30,751.00 Crores up from ₹28,492.00 Crore year on year, a rise of 7.93%.

Total Expenses for Q3FY25 of ₹31,915.00 Crores up from ₹30,621.00 Crores year on year, a rise of 4.23%.

Consolidated Net Profit of ₹4,256.00 Crores up 11.21% from ₹3,827.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.65, up 11.24% from ₹4.18 in the same quarter of the previous year.

Canara Bank was merged with erstwhile Syndicate Bank in FY21.{# Canara was incorporated in 1906 and nationalised in 1969, along with 13 other major commercial banks of India, by the GoI. The bank is headquartered in Bangalore.Canara Bank was merged with erstwhile Syndicate Bank (e-SB) on April 1, 2020 #page=4 #}

Financial Results:

Canara Bank reported Revenues for Q3FY25 of ₹30,751.00 Crores up from ₹28,492.00 Crore year on year, a rise of 7.93%.

Total Expenses for Q3FY25 of ₹31,915.00 Crores up from ₹30,621.00 Crores year on year, a rise of 4.23%.

Consolidated Net Profit of ₹4,256.00 Crores up 11.21% from ₹3,827.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.65, up 11.24% from ₹4.18 in the same quarter of the previous year.