Canara Bank, a state-owned PSU bank, reported a net profit of Rs 4774 crore for the quarter ended September 2025, showing an 18.93 per cent rise from the same quarter the previous year.
Operating profit for the quarter was Rs 8588 crore, up 12.20 per cent year-on-year. Earnings per share for the quarter under review were Rs 21.01, up 20.68 per cent from the same quarter the previous year.
The bank’s global business stood at Rs 26,78,963 crore, registering a growth of 13.55 per cent year-on-year. Global deposits rose 13.40 per cent to Rs 15,27,922 crore. Global advances increased by 13.74 per cent to Rs 11,51,041 crore.
Domestic deposits stood at Rs 13,94,999 crore, up 12.62 per cent, and domestic advances at Rs 10,81,428 crore, growing 13.34 per cent.
RAM (retail, agriculture and MSME) credit rose 16.94 per cent to Rs 6,71,141 crore. Retail lending increased 29.11 per cent to Rs 251,190 crore. Housing loans grew 15.25 per cent to Rs 1,14,615 crore, and vehicle loans 25.58 per cent. MSME credit stood at Rs 153,777 crore, recording a 12.70 per cent growth.
The gross non-performing assets (GNPA) ratio improved to 2.35 per cent, compared with 3.73 per cent in September 2024. Net NPA declined to 0.54 per cent from 0.99 per cent in the same period last year. The provision coverage ratio improved to 93.59 per cent, up from 90.89 per cent a year ago. Credit cost stood at 0.68 per cent, while the slippage ratio was 0.76 per cent.
The Capital to Risk (Weighted) Assets Ratio (CRAR) stood at 16.20 per cent as of 30 September 2025. Addressing the virtual press conference, K. Satyanarayana Raju, MD & CEO, Canara Bank, said that “we are continuously working and adopting the latest technologies which are available in the current market for our day-to-day systems.”
