Canara Bank Q3 FY2024 results: revenue ₹28,492 crore, up 26.3% on the year
Canara Bank (CANBK) reported consolidated interest earned of ₹28,492 crore for Q3 FY2024, the quarter ended 31 December 2023, up 26.3% on the same quarter a year earlier. Profit after tax was ₹3,790 crore, up 25.0% on the year, and earnings per share ₹20.89. The figures are the company's own, from the unaudited results it filed with NSE on 24 January 2024.
The quarter, against the one before and a year earlier
| Line | Q3 FY2024 | Q2 FY2024 | A year earlier | Change on the year |
|---|---|---|---|---|
| Interest earned | 28,492 | 27,290 | n/a | n/a |
| Interest expended | 18,620 | 17,934 | n/a | n/a |
| Other income | 7,138 | 6,602 | n/a | n/a |
| Total income | 35,630 | 33,891 | n/a | n/a |
| Provisions other than tax | 1,899 | 2,609 | n/a | n/a |
| Profit before tax | 5,009 | 5,098 | n/a | n/a |
| Profit after tax | 3,790 | 3,798 | n/a | n/a |
| Gross NPA % | 1.3% | 1.4% | n/a | |
| Net NPA % | 4.4% | 4.8% | n/a | |
| Capital adequacy ratio % | 2.1% | 2.0% | n/a | |
| EPS, basic | ₹20.89 | ₹20.93 | n/a | n/a |
₹ crore except per share.
Quarterly results, the last 12 quarters
| Q2 FY2024 | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest earned | 27,290 | 28,492 | 29,286 | 29,173 | 30,182 | 30,751 | 31,496 | 31,523 | 32,072 | 30,938 | 31,839 | 32,957 |
| Interest expended | 17,934 | 18,620 | 19,226 | 19,534 | 20,427 | 21,163 | 21,556 | 21,992 | 22,412 | 22,709 | 22,024 | 22,737 |
| Other income | 6,602 | 7,138 | 8,098 | 7,793 | 7,824 | 6,679 | 8,761 | 9,919 | 9,942 | 2,152 | 4,700 | 6,739 |
| Operating expenses | 8,250 | 10,102 | 10,714 | 9,727 | 9,814 | 8,353 | 10,294 | 10,782 | 10,897 | 1,584 | 7,878 | 8,311 |
| Operating profit before provisions | n/a | n/a | n/a | n/a | n/a | n/a | 8,407 | 8,667 | 8,705 | 8,796 | 6,636 | 8,647 |
| Provisions | 2,609 | 1,899 | 2,484 | 2,282 | 2,252 | 2,399 | 1,831 | 2,359 | 2,354 | 2,417 | 992 | 2,080 |
| Profit before tax | 5,098 | 5,009 | 4,960 | 5,422 | 5,513 | 5,515 | 6,576 | 6,308 | 6,351 | 6,379 | 5,644 | 6,567 |
| Tax | 1,421 | 1,270 | 0 | 1,445 | 0 | 1,354 | 1,478 | 1,472 | 1,485 | 1,510 | 1,263 | 1,703 |
| Net profit | 3,798 | 3,790 | 5,119 | 4,068 | 4,188 | 4,214 | 5,097 | 3,003 | 4,866 | 4,868 | 4,381 | 4,864 |
| EPS in ₹ | ₹20.93 | ₹20.89 | ₹21.78 | ₹4.48 | ₹4.62 | ₹4.65 | ₹5.59 | ₹3.52 | ₹5.35 | ₹5.79 | ₹5.04 | ₹5.71 |
| Gross NPA % | 1.41 | 1.32 | 1.27 | 1.24 | 0.99 | 0.89 | 2.94 | 2.69 | 2.35 | 2.08 | 1.84 | 1.57 |
| Net NPA % | 4.76 | 4.39 | 4.23 | 4.14 | 3.73 | 3.34 | 0.70 | 0.63 | 0.54 | 0.45 | 0.43 | 0.36 |
| Filing | NSE | NSE | NSE | NSE | NSE | NSE | Filing | Filing | Filing | Filing | Filing | Filing |
₹ crore except per share, consolidated, as filed with the exchange. Quarters before December 2024 are from the exchange's earlier results feed, which carries the filed lines without the filing itself; the column links to the exchange's page for the company. EPS is as filed for each quarter. A split or a bonus issue changes the share count, so quarters before it are on the old count.
Source
Unaudited consolidated results for the quarter ended 31 December 2023, filed with NSE on 24 January 2024: the result statement. All of Canara Bank's results: NSE company page.
The same record on your computer
GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.